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I Put This Memo Out to My Subs at 9:30 EDT

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#1 blustar

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Posted 23 August 2019 - 10:31 AM

Bottom line: I expect wave 'c' "z" of B of "C" to complete today somewhere in the 2871-76 zone, with more emphasis on 2873-76 and then again 2875/76. Powell could cause it to go down further but I doubt it. The gap in the mid 2880's should be filled and taken out.  The gap between 2847-53 and higher near 2865, not so much.  We'll see. The final top should be Monday 2946-54 with an emphasis on 2949/50.
 


#2 skott

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Posted 23 August 2019 - 11:11 AM

I've been thru Hendersonville a few times in years past. I think, or near it.



#3 blustar

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Posted 23 August 2019 - 11:20 AM

I've been thru Hendersonville a few times in years past. I think, or near it.

 

 

Kool!



#4 blustar

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Posted 23 August 2019 - 11:21 AM

It looks like it went near to my 2864/66 support area.  Wow.  The rally on Monday is going to blow people away!!!!



#5 skott

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Posted 23 August 2019 - 11:49 AM

you don't think the Rally occurred this morning?



#6 trioderob

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Posted 23 August 2019 - 11:51 AM

Blu -

 

what are you seeing for Monday ?

 

Rut leading down ...

 

Arms index still low ….

 

Fed behind the curve …..

 

Dow transports down huge …

 

60 day copper spot chart looking very bearish 

 

Apple down 4% 

 

Banking index down 

 

no major china meeting till November 

 

no indication of easing cycle from the Fed 

 

sweet crude down 3% today 



#7 tsharp

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Posted 23 August 2019 - 11:57 AM

Just another POV...

 

SP00-240-8-23-19-1.jpg



#8 LMF

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Posted 23 August 2019 - 11:57 AM

Two recent overhead gaps on the VIX daily chart......not anymore after today. I always wonder what theyre going to use as the excuse to get that done. The process never fails.....

#9 skott

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Posted 23 August 2019 - 12:01 PM

POV?  what is that?



#10 bigtrader

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Posted 23 August 2019 - 12:11 PM

Point Of View


KISS my avatar!!!





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