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A longer term prespective


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#11 CLK

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Posted 01 March 2020 - 02:15 PM

We could get an important clue tonight.....

 

If futures open up despite this pretty awful news of a 42% jump in cases in Italy, that would be a pretty bullish sign.

 

If instead, we get a massive gap down.......................

 

https://www.zerohedg...irus-deaths-new

 

Edit: Looks like it may be down.

 

https://www.zerohedg...at-happens-next

 

Still holding 25K, so might get reversed by actual open.

https://www.ig.com/e...end-wall-street

 

If futures end up opening below 25K, could be problematic...

 

 

I've never seen an ES gap like that last weekend just be left, it looks like we will get another one today, if it fails to fill quickly, I am looking for 500 ES down.


Edited by CLK, 01 March 2020 - 02:17 PM.


#12 K Wave

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Posted 01 March 2020 - 02:25 PM

If I already had an account open at that CFD place, would have taken a punt on a long trade trade at 25K, a stop if it took it out.

 

Hourly chart looks to me if it takes out 25,200, it could roar to the upside...

 

By the time US futures open, could be 600-1000 points higher if we get the turn here 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

 

 


#13 trioderob

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Posted 01 March 2020 - 04:26 PM

how about bitcoin declining now - folks selling EVERYTHING 



#14 K Wave

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Posted 01 March 2020 - 06:03 PM

Looks like they gonna sell it after all...recovery of 25K level probably a buy...

 

This guy seems to get it though...

 

https://twitter.com/...166783516585984


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 01 March 2020 - 06:11 PM

First attempt at 25K reclaim.....


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

 

 


#16 K Wave

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Posted 01 March 2020 - 06:15 PM

Back test and fresh swing high...maybe, just maybe


Edited by K Wave, 01 March 2020 - 06:15 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

 

 


#17 K Wave

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Posted 01 March 2020 - 06:16 PM

And there goes the open...


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

 

 


#18 K Wave

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Posted 01 March 2020 - 06:17 PM

25,200 still looking like the key level for bulls to retake 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

 

 


#19 K Wave

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Posted 01 March 2020 - 06:29 PM

YM winding up for the pitch.......


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

 

 


#20 K Wave

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Posted 01 March 2020 - 06:40 PM

2nd back test holds....pivot likely set now.

 

either bulls take up now, or 25K likely falls on another test down


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