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#11 K Wave

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Posted 11 March 2020 - 07:57 AM

if 24k does not stop this pullback, then see possibility for the upside down Bat Wing with a full retest of that low around 23,500

 

Would be fitting if this episode ended with a Bat Wing formation, eh?


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

 

 


#12 K Wave

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Posted 11 March 2020 - 08:01 AM

Massive divergence on treasury yields as YM approaches this test of the low area...


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 11 March 2020 - 08:16 AM

Is this the buy signal??

 

Goldman Calls It: "The Bull Market Is Ending"; Cuts S&P Target To 2,450

https://www.zerohedg...-sp-target-2450

 

 


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 11 March 2020 - 08:20 AM

CLX 10 day MA has turned up...now just waiting for price action to confirm, and could be massive slingshot move from deeply oversold conditions.

 

https://www.siliconi...?msgid=32596312


Edited by K Wave, 11 March 2020 - 08:21 AM.

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 LMF

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Posted 11 March 2020 - 08:20 AM

The open looks good based on my indicators.

#16 K Wave

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Posted 11 March 2020 - 08:33 AM

24K holding so far.....now need to take out 24,600.


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 11 March 2020 - 08:48 AM

1 min 900s on the cash charts could be the key to the turn here...

 

If they get reclaimed after this dip,may be just about time...

 

Until then, still possibility of further drop.

 

SOX often a leader, right at backt est of 1 min 900 now...

 

IF it finds its footing here, and others start to follow, then turn likelihood grows...


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 11 March 2020 - 08:52 AM

A breach of 51 on VIX downside now could get things started...


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 11 March 2020 - 09:26 AM

intraday pivot set on VIX at 51....

 

when they break it, will likely be time to get long...


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 LMF

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Posted 11 March 2020 - 09:33 AM

Looks worse now.....QQQ 200 day at 199.00