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i dont know if we are going to new highs on the sp but


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#21 K Wave

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Posted 17 June 2020 - 09:23 AM

FB completely reversed the 16th pop....could be first warning sign for FANG


Edited by K Wave, 17 June 2020 - 09:24 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

 

 


#22 K Wave

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Posted 17 June 2020 - 09:26 AM

this 9950 area on NDX looks key to rest of today....


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

 

 


#23 K Wave

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Posted 17 June 2020 - 09:32 AM

NDX riding that 1 min 200 hard....If it gives way......


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

 

 


#24 K Wave

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Posted 17 June 2020 - 09:37 AM

SOX still holding nicely above the key 1970 level....until bears take that back, bulls could still reverse this back upside today....

 

But if NDX 9950 gets taken out, SOX 1970 would likely get reclaimed by bears as well...

 

If it is going to happen, should be pretty 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

 

 


#25 K Wave

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Posted 17 June 2020 - 09:40 AM

Watch the triple top on Trannies at 9300....

 

If bulls were to reclaim that, would very likely be first sign bear don't have the juice to take it down...

 

Back below 9225, and wheels likely start to come off...


Edited by K Wave, 17 June 2020 - 09:40 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

 

 


#26 K Wave

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Posted 17 June 2020 - 09:41 AM

NQ 9980 should be where the bears launch their attack on 9950 from...if they are going to do it...


Edited by K Wave, 17 June 2020 - 09:46 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

 

 


#27 K Wave

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Posted 17 June 2020 - 09:48 AM

Naz breadth terrible while it prints green....

 

But until 9950 broken on NDX, bears don't have the ball quite yet...


Edited by K Wave, 17 June 2020 - 09:48 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

 

 


#28 K Wave

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Posted 17 June 2020 - 10:00 AM

looks like tech not quite ready to give up the fight...although NQ not able to reclaim 10K yet, so this could be last gasp...

 

give it a few more minutes..see if they can get NQ back under 9980


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

 

 


#29 K Wave

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Posted 17 June 2020 - 10:05 AM

Bears quickly running of time to turn this over.....next few minutes could be critical...


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

 

 


#30 K Wave

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Posted 17 June 2020 - 10:14 AM

Trannies in full wedge mode now as they hover just underneath the hourly 900....

 

Another move over 9280, and bears could start to have problems....

 

big decision about to be made...


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