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#31 K Wave

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Posted 01 February 2019 - 12:30 PM

And now 3 black birds off the top on 10 min chart.....


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#32 K Wave

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Posted 01 February 2019 - 12:35 PM

If the 3rd bird shows up on 15 min chart, will probably be below 25K.

 

potential big moment of truth dead ahead....

 

just saw 3rd test of 1 min 900 this AM...likely wont survive another one....

let's see what happens at backtest of 25060 area


Edited by K Wave, 01 February 2019 - 12:35 PM.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#33 K Wave

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Posted 01 February 2019 - 12:41 PM

Huge battle on RUT around 1500...

 

Looks like bulls may be just about to lose it.


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#34 zoropb

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Posted 01 February 2019 - 12:46 PM

Strange day.  They are really playing games today.


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#35 Gumper

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Posted 01 February 2019 - 12:54 PM

My 2 cents, off the Monday low, we are either in wave 4 and will know if we get down to the daily pivot area and so one more run up to new highs. However, I can also see this as the 4th of 3 if we don't go down to the pivot, so in that case one more high, a pullback to the pivot and another high probably Monday.

#36 K Wave

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Posted 01 February 2019 - 01:20 PM

Test #4 on YM....

 

Does it finally give it up here?

 

VIX finally showing somewhat of a sign of life...


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#37 K Wave

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Posted 01 February 2019 - 01:31 PM

And VIX could not hold.....

 

Bears running out of time to break this down....

 

Could be short covering frenzy if YM 25060 area gets taken out now....


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#38 SemiBizz

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Posted 01 February 2019 - 01:37 PM

So my timing model says if this is going to happen today, it's logical for the final hour... drain the swamp.


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#39 Gumper

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Posted 01 February 2019 - 01:42 PM

Since I will be out Monday until early or mid afternoon with no access, I will probably start a small short this afternoon and add if we move to the 200 dma area.

#40 K Wave

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Posted 01 February 2019 - 01:42 PM

big tight pennant forming on Decliners....should be getting real close to some sort of resolution soon....


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy