https://www.dropbox....pot8-5.png?dl=0
RISING BOTTOMS N TOPS
Started by
da_cheif
, Aug 05 2019 10:56 PM
7 replies to this topic
#1
da_cheif
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#2
tsharp
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Posted 06 August 2019 - 08:09 AM
It seems this corrective fractal may be the Adam-and-Eve type... so looking for a move up to ~3000, then another leg down to ~2850, to complete wave-b:c:(x):(iv)... twt.
From 7.26.19:
From yesterday:
#3
slupert
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Posted 06 August 2019 - 07:11 PM
Actually, I was thinking the same thing. Might not need any more selling, maybe just a little (JMHO)
#5
OEXCHAOS
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Mark S. Young
Posted 07 August 2019 - 08:49 AM
Down, up, down. Bounce for real. Then down hard again, up, down, up, down, then up to new highs. 
Mark S Young
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#6
12SPX
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Posted 07 August 2019 - 08:57 AM
Down, up, down. Bounce for real. Then down hard again, up, down, up, down, then up to new highs.
This has been great trading!!!
#7
CLK
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Posted 07 August 2019 - 09:51 AM
The monthly looks bearish to 2100 to me, despite breadth and mutual funds out of the market, looks like they picked this top after all, Morgan Stanley was NOT a fade either. The month is not over, but I doubt we finish green.
Edited by CLK, 07 August 2019 - 09:51 AM.
#8
tsharp
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Posted 08 August 2019 - 11:19 AM
Looking for a pause up at the top of the channel and the ~50dma... then another push to at least the ~20dma... twt.
