to me after a wave ii bounce i expect a dynamic decline fwiw
sure looks like we are in a wave iii
Started by
gannman
, Jun 26 2020 09:36 AM
34 replies to this topic
#1
gannman
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Posted 26 June 2020 - 09:36 AM
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...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#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??
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#6
12SPX
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Posted 26 June 2020 - 10:01 AM
AAPL...due for a test of the 200 day??
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...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#8
K Wave
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Posted 26 June 2020 - 10:36 AM
AAPL...due for a test of the 200 day??
wow!!!!
sorry that is 2 hour chart...but still very extended.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#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...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#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
