Jump to content



Photo

Distribution


  • Please log in to reply
14 replies to this topic

#11 andr99

andr99

    Member

  • Traders-Talk User
  • 5,121 posts

Posted 20 May 2020 - 04:40 PM

If we get to 3030, you won't see anything but ATH's next.

 

well thanks, you think a top is in then ? 


forever and only a V-E-N-E-T-K-E-N.....though partly langbardic


#12 CLK

CLK

    Member

  • Traders-Talk User
  • 10,417 posts

Posted 20 May 2020 - 05:09 PM

 

If we get to 3030, you won't see anything but ATH's next.

 

well thanks, you think a top is in then ? 

 

 

 

Just for another 200 point drop, never retest the lows again. If it keeps going up that's ok too, I am just

tired of carrying a full long position into these tops and not shorting for the drop. My long term hedges are 

not for trading in and out of.


Edited by CLK, 20 May 2020 - 05:11 PM.


#13 andr99

andr99

    Member

  • Traders-Talk User
  • 5,121 posts

Posted 20 May 2020 - 05:50 PM

maybe you are right about 3030, but probably 3000 might be reached. I' m considering a broadening top formation with a first drop to 2750 after 3000 is touched. it's not a perfect formation as the second top is slightly lower than the first and it shouldn' t be according to manuals, but manuals are never right as nothing on the trading battle field is exactly like in manuals.   


forever and only a V-E-N-E-T-K-E-N.....though partly langbardic


#14 CLK

CLK

    Member

  • Traders-Talk User
  • 10,417 posts

Posted 21 May 2020 - 09:43 AM

Today will end down, but not much. 



#15 K Wave

K Wave

    Member

  • Traders-Talk User
  • 5,515 posts

Posted 21 May 2020 - 10:13 AM

Looking like possible massively divergent top on AMZN now on 4 hour chart....see how next few hours play out....


What A Beautiful Black Sky