Jump to content



Photo

sure looks like we are in a wave iii


  • Please log in to reply
34 replies to this topic

#21 K Wave

K Wave

    Member

  • Traders-Talk User
  • 6,342 posts

Posted 26 June 2020 - 11:38 AM

GOOGL and FB have both taken out the the Jun 15 low.

 

IF AAPL and the other BIG 5ers decide to play catch up, could get ugly on Naz for a bit...


What A Beautiful Black Sky


#22 K Wave

K Wave

    Member

  • Traders-Talk User
  • 6,342 posts

Posted 26 June 2020 - 11:45 AM

AAPL 15 min chart....a quick whoosh through the big air gap could take her down to test the Jun 15 low....

 

aapl.png


What A Beautiful Black Sky


#23 gm_general

gm_general

    Member

  • TT Member+
  • 1,514 posts

Posted 26 June 2020 - 12:10 PM

Rock em sock em VIXbots fighting forever over the 50 SMA line

 

https://stockcharts.com/h-sc/ui?s=$vix



#24 K Wave

K Wave

    Member

  • Traders-Talk User
  • 6,342 posts

Posted 26 June 2020 - 12:17 PM

SPX....still holding at super key area....

 

Do not overstay short side if SPX takes out 3040 again...

 

If SPX does not hold below 3020 on next attempt down, likely going to reconsider bearish leanings..(assuming it even gets there again)


What A Beautiful Black Sky


#25 Waver

Waver

    Member

  • Traders-Talk User
  • 702 posts

Posted 26 June 2020 - 12:20 PM

Market looking over the ledge.

 

Will it jump!?



#26 12SPX

12SPX

    Member

  • Traders-Talk User
  • 1,762 posts

Posted 26 June 2020 - 12:28 PM

I'm think ing I shoulda kept my 3004 long on but oh well, maybe try again during tennis lol!  



#27 LMF

LMF

    Member

  • Traders-Talk User
  • 570 posts

Posted 26 June 2020 - 01:27 PM

I think this is all that end of month selling pressure theyve been talking about. Rebalancing stocks versus bonds. TQQQ went to a 5 minute sell around 745 am west coast on my system.

Edited by LMF, 26 June 2020 - 01:31 PM.


#28 K Wave

K Wave

    Member

  • Traders-Talk User
  • 6,342 posts

Posted 26 June 2020 - 01:29 PM

OK, SPX back under 3020...now let's see if it sticks this time...


What A Beautiful Black Sky


#29 gannman

gannman

    Member

  • Traders-Talk User
  • 5,384 posts

Posted 26 June 2020 - 01:38 PM

i think  it accelerates down into the close we did a wave down a bounce

 

and took out the lows we will see


feeling mellow with the yellow metal


#30 tradesurfer

tradesurfer

    Member

  • Traders-Talk User
  • 2,578 posts

Posted 26 June 2020 - 02:19 PM

Need to hold above SPX 3000 and DJIA 25,000 for psychology

 

3:25 PM update... DJIA now under 25,000


Edited by tradesurfer, 26 June 2020 - 02:25 PM.