And there it is......Another stupid announcement about the trade deal, its know wonder volume is so light!
Blowoff: ISE 238 calls for every 100 puts today - highest December 2005
Started by
dTraderB
, Nov 05 2019 07:15 PM
22 replies to this topic
#22
blustar
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- Traders-Talk User
- 6,193 posts
blustar
Posted 06 November 2019 - 12:28 PM
Nov 7 is an important CIT (both high and low) which I believe will be an engulfing cloud, expected from a gap up to near SPX 3091 down to 3020 EOD. The Delta (moon data) tells me the same.
This sets up an xyz bullish wave higher into Nov 14, in 5 wave fashion: Wave 1 Friday Nov 8, Wave 2 Monday Nov 11 (a Bradley turn), wave 3 a 54 CD and full moon top, Wave 4 Nov 13, Wave 5 Nov 14 a 27+1 CD top near 3100.
Nov 14 should be THE top of this series and we should go into a 20% bear into early Feb 2020.
Edited by blustar, 06 November 2019 - 12:36 PM.
#23
da_cheif
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- Traders-Talk User
- 10,961 posts
Member
Posted 06 November 2019 - 10:27 PM
>Nov 14 should be THE top of this series and we should go into a 20% bear into early Feb 2020.< u just dont see a 3rd wave up of immense proportions do you
fear rising with price.....thats why only a handfull made it to the top of k2
