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sure looks like we are in a wave iii


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#1 gannman

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Posted 26 June 2020 - 09:36 AM

to  me after a wave ii bounce i expect a dynamic decline fwiw


feeling mellow with the yellow metal


#2 Waver

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Posted 26 June 2020 - 09:39 AM

honestly really does.

It looks to be on the verge of an acceleration.

 

looks to be anyway...



#3 K Wave

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Posted 26 June 2020 - 09:43 AM

I think there is now a reasonable chance we go all the way down for back test of hourly 900 on NDX...

 

 

ndx.png

 

 

 


What A Beautiful Black Sky


#4 12SPX

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Posted 26 June 2020 - 09:43 AM

Or 3000 comes into play again for the umpteenth time lol!! 



#5 K Wave

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Posted 26 June 2020 - 09:52 AM

AAPL...due for a test of the 200 day??

 

aapl.png

 

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#6 12SPX

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Posted 26 June 2020 - 10:01 AM

 

AAPL...due for a test of the 200 day??

 

aapl.png

 

 

wow!!!!



#7 K Wave

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Posted 26 June 2020 - 10:14 AM

Bears not fully in control until they take back the hourly 900 on SPX, currently right around 3K.

 

3060 would be the level to watch on the upside there.

If bulls were to recover from the early washout, and take out 3060 upside, that would be a big warning to bears.

 

If the bounce fails around 3040, and then goes and takes out 3K, then bears will roam free for a least a bit, and possibly longer than a bit...


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#8 K Wave

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Posted 26 June 2020 - 10:36 AM

 

 

AAPL...due for a test of the 200 day??

 

aapl.png

 

 

wow!!!!

 

sorry that is 2 hour chart...but still very extended.


What A Beautiful Black Sky


#9 K Wave

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Posted 26 June 2020 - 10:41 AM

Here comes the back test of 243 on Qs...

 

If we are indeed going down, this is about where the bounce should fail...


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#10 gannman

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Posted 26 June 2020 - 10:48 AM

this thing is headed a lot llower it is impulsing down 

 

that is my take 


feeling mellow with the yellow metal