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#1 zoropb

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Posted 30 January 2019 - 06:10 PM

Level is 9.25 / 4.75


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#2 zoropb

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Posted 30 January 2019 - 06:35 PM

Sure is getting interesting.

 

I am looking at the low so far of this session tonight at 81.75 +1L = 91+- for at least a 1 level short. 


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#3 zoropb

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Posted 30 January 2019 - 07:33 PM

It corrected to large for that set up so all bets off.


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#4 SemiBizz

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Posted 31 January 2019 - 12:23 AM

Friday... we should have action.


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#5 zoropb

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Posted 31 January 2019 - 08:14 AM

Semi we got action yesterday so who knows about today. I hope your right, I love when it moves.

 

Today is end of month and week so I like to assess where we are going forward on those two. Given the run up we just had from last month from 2438.50 we had little downside so I would think this month is neutral at best on the long side to a negative month. As of this morning the Month Level should be near 80.50+- and last month was the largest price bar I ever seen and thought this month was easily be an inside month. .So I ask myself what are the odds of Feb. being a normal 4 level month. We hit 3.63 levels as of last night's high 91.75.  To me this leaves the following month open with a minimum of 2 levels but most likely 3+.  If 3 is the case then how much of that 3 will be up. I would think at least 2 if I am bullish or open below. If bullish and 1 level will likely be a down, then that is 80 points from last night or a shallow low 2700 print. This tells me short term limited upside with a lot more downside risk for the next 2 weeks or until we see the 80 points lower. 

 

On the week we are at 2.5 levels aprox. Now that is 2 weeks below normal so next week has the potential to be a  4+ week.  Looking at all the smaller time bars below, I do not see how we do not have at least that 80 point move down within next 2 weeks. The level is about 24+- then at least 2 levels will be spent down this coming week. This tells me on the bullish case we are pretty neutral here. On the bearish case we may have 1 level up and 2 or more down.  

 

Today after another FED BS day it looks like south will dominate overall. 

 

Good luck everyone.


Edited by zoropb, 31 January 2019 - 08:18 AM.

Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#6 zoropb

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Posted 31 January 2019 - 08:42 AM

Hey Waver had a chance to re-read your post from yesterday. You do not have to add on the month, Quarter, or year. I already did them.  Only week and day. So they were correct.  If you wanted to do your own on the month you needed to start from 2438.50.


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#7 zoropb

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Posted 31 January 2019 - 08:48 AM

from 91.75 overnight high since we are working lower. 

 

2 L down= 73.25

2.5 = 68.50

3 L down = 64 very doable today.

3.5 L = 59.25

4L = 54.75


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#8 12SPX

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Posted 31 January 2019 - 09:41 AM

from 91.75 overnight high since we are working lower. 

 

2 L down= 73.25

2.5 = 68.50

3 L down = 64 very doable today.

3.5 L = 59.25

4L = 54.75

Yesterday was a great day, would love to see your 3rd level hit today!!



#9 zoropb

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Posted 31 January 2019 - 10:24 AM

Hey 12,   it has real good odds by eod.   

 

Ok now that I am out of the long...we printed 75.75 low 2L up = 94.25 Looking for a longer short there. +-


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#10 zoropb

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Posted 31 January 2019 - 10:28 AM

We are there already without any decent correction so need to see that little correction and one more high or an attempt off a small correction and failure breach down. We are close.


Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.