Jump to content



Photo

i will go way way out on a limb here just for the heck of it


  • Please log in to reply
61 replies to this topic

#51 12SPX

12SPX

    Member

  • Traders-Talk User
  • 12,577 posts

Posted 24 June 2020 - 11:40 AM

Ok 95 point profit not bad to sneeze at.  We'll see about selling higher or just sit on the remaining.  



#52 K Wave

K Wave

    Member

  • Traders-Talk User
  • 26,803 posts

Posted 24 June 2020 - 11:41 AM

and there in a nutshell you have an idea how I always use multiple time frames to try and get an overall picture of where to place bets in this casino....


Edited by K Wave, 24 June 2020 - 11:43 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

 

 


#53 K Wave

K Wave

    Member

  • Traders-Talk User
  • 26,803 posts

Posted 24 June 2020 - 11:48 AM

And here is what I was looking at last night....

 

ym.png

 

And here was 5 min at the same time saying the same thing....

 

ym.png


Edited by K Wave, 24 June 2020 - 11:53 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

 

 


#54 K Wave

K Wave

    Member

  • Traders-Talk User
  • 26,803 posts

Posted 24 June 2020 - 11:58 AM

And this is why I still have potential target of 23700 outstanding...

 

ym.png

 

YM Hourly may something to say about whether that downside target is achieved or not...

 

ym.png


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

 

 


#55 Waver

Waver

    Member

  • Traders-Talk User
  • 802 posts

Posted 24 June 2020 - 12:38 PM

excellent charts and illustrations

Thanks,



#56 K Wave

K Wave

    Member

  • Traders-Talk User
  • 26,803 posts

Posted 24 June 2020 - 12:47 PM

Watch SQQQ 8.10 level...has been resistance for some time now.

 

Tested it once already this AM. if it gets blown out, would likely be first real sign bears mean business on the Qs


Edited by K Wave, 24 June 2020 - 12:47 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

 

 


#57 K Wave

K Wave

    Member

  • Traders-Talk User
  • 26,803 posts

Posted 24 June 2020 - 01:46 PM

Still looking like bull flag on SQQQ.

 

If 8.10 gets taken out last hour, could be ugly finish for Qs


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

 

 


#58 LMF

LMF

    Member

  • Traders-Talk User
  • 801 posts

Posted 24 June 2020 - 02:15 PM

This is all fluff consolidation unless the bears can get the Qs below 236.93 from February.

#59 K Wave

K Wave

    Member

  • Traders-Talk User
  • 26,803 posts

Posted 24 June 2020 - 02:18 PM

This is all fluff consolidation unless the bears can get the Qs below 236.93 from February.

243 is the first big battle zone for Q's

 

If bulls lose that, could lead to a lot more losses....one step at a time....


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

 

 


#60 LMF

LMF

    Member

  • Traders-Talk User
  • 801 posts

Posted 24 June 2020 - 04:12 PM

A good battle around NDX 10 grand cant be all bad.