38 replies to this topic

[zoropb]

if we breach lower 81 cya   76/ 63/ 50/ etc.

[zoropb]

If we take out 89 then likely 95.75

 

Last low intra Day at 82.75 +13.. 1 level = 95.75

Edited by zoropb, 11 January 2019 - 11:39 AM.

[zoropb]

If we do hit 95.75 area I expect at least a 6.50 half level correction.

[zoropb]

Look at the 11.42 min bar. From that small swing low add 6.50 you get a stall point and from that point likely 3.50 point correction before resuming on to the larger level in play to 95.75  area.

Edited by zoropb, 11 January 2019 - 11:52 AM.

[zoropb]

This correction from this 3rd wave should be 6.50 points.

[zoropb]

only quarter level correction use bar breach stops. For the few times you may be wrong during the day in this you get stopped with little points and you rack like pacman. Can be done with bigger bars all the way to weekly and monthly just depends on your time and adjust for risk.  

[zoropb]

Going to short this on the breach.  If we go over last nights high something else going on.

[uburack]

VIX and Semi's

 

China deal?

[zoropb]

hit it with 4 quarter got out of half and will go for 6.50+- then 13+-

[redfoliage2]

It's a little boring today as the bulls and bears are at a stalemate right now though ST internals have topped.  The stalemate is likely to be broken next week for the monthly options expirations.