I would think if the SP500 and the NYA goes back into the 5 month consolidation area, forget it - Look Out Below
FED declares victory - Powell & friends believe they are done cutting rates
Started by
dTraderB
, Oct 30 2019 07:59 PM
14 replies to this topic
#12
K Wave
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Posted 31 October 2019 - 02:08 PM
QQQ tryin' to turn the 1 min chart structure bullish again after the consolidation...
Back below 196.20 on QQQ now, and I would cal it quits on the long attempt....
Let's see if bulls can take it up into the close now....
Edited by K Wave, 31 October 2019 - 02:09 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
#13
K Wave
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Posted 31 October 2019 - 02:11 PM
Looking like a 3 divergent drive to a bottom right to the 900 MA on the Dow 5 min chart.
Still looking bullish unless the formation gets taken out.....
Edited by K Wave, 31 October 2019 - 02:11 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
#14
K Wave
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Posted 31 October 2019 - 02:37 PM
Starting to look like this may be decided overnight tonight....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#15
K Wave
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Posted 31 October 2019 - 03:16 PM
Short term charts were deadly accurate today....
Let's see what tomorrrow brings....
Decision time coming VERY soon now methinks.....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
