important battle being fought right here on SPX....both hourly and 2 hour 900 right at his level.
here is the hourly look.
VIX projecting a high into end of June.
Started by
Russ
, Jun 11 2020 07:36 AM
48 replies to this topic
#31
K Wave
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Posted 12 June 2020 - 11:00 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
#32
K Wave
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Posted 12 June 2020 - 11:01 AM
start to look like the BIG are not going to break down.
If they, don't then bull chances start to look pretty good at this key level...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#33
12SPX
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Posted 12 June 2020 - 11:28 AM
I've done 2 trades from short 3055-3045 for 10 and now 3050 short with a profit stop at 3045 again. Lets hope down!!
#34
Russ
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Posted 12 June 2020 - 11:35 AM
important battle being fought right here on SPX....both hourly and 2 hour 900 right at his level.
here is the hourly look.
SPXS is just getting going here in my view...
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#35
Russ
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Posted 12 June 2020 - 12:15 PM
better version of the previous ES wedge base apex projection...
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#36
K Wave
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Posted 12 June 2020 - 12:50 PM
They got the BIG 5 to start turning red, but unless they hammer them from here until end of day, still in doubt about strength of bear power here...
Still letting short from 9840 area run, but may be covering soon....got 300 hundred in the bag, and don't want to start giving it back on a Friday afternoon!
Edited by K Wave, 12 June 2020 - 12:50 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
#37
K Wave
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Posted 12 June 2020 - 12:52 PM
IF we get to SOX 1850, will likely cover it all....assuming it does not start to reverse before then...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#38
12SPX
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Posted 12 June 2020 - 12:54 PM
And there she goes, out at 3000 for another 50 points!!
#39
K Wave
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Posted 12 June 2020 - 12:54 PM
IF...this develops in to full scale rout, then NQ hourly 900 possibly in play today....way down at 9250.
That would only happen if thye start wholesale dumping the BIG 5.
Edited by K Wave, 12 June 2020 - 12:55 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
#40
K Wave
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Posted 12 June 2020 - 12:57 PM
AMZN at 5 min 900....
IF it blows right on thru, then could be first possible sign of dumpage
But if it holds right here, then bulls could make an afternoon comeback....
Edited by K Wave, 12 June 2020 - 12:57 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
