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THE BIG SELL: coming soon!


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#11 K Wave

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Posted 30 June 2020 - 08:58 AM

If they stop SPX right here, and then take out 3040, then 15 min chart will start to swing back towards bears favor....

 

could be big decision dead ahead...


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#12 K Wave

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Posted 30 June 2020 - 09:02 AM

that 15 min / 60 min configuration combo on VIX looks like it could be devastating if VIX breaks right here....


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#13 K Wave

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Posted 30 June 2020 - 09:04 AM

RUT chart at huge pivot point...bulls need hourly close over 1420 to start to turn things back up.


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#14 redfoliage2

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Posted 30 June 2020 - 09:33 AM

I don't see big selling in the Summer, but if there has to be one it may be in Sept - Oct time frame.  Currently the market has likely made a swing bottom and back up on the program for Rinse and Repeat ...................


Edited by redfoliage2, 30 June 2020 - 09:33 AM.


#15 K Wave

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Posted 30 June 2020 - 09:43 AM

So far, Trannies not able to punch through 5 min 900.

 

if they continue to fail here, and then come back under the 15 min 900, then bears could get another down wave started.

 

But if they manage to punch through later, then bears may have run outta gas

 

 

Some big decisions coming real soon...


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#16 K Wave

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Posted 30 June 2020 - 09:53 AM

Trannies 15 min chart.

 

If bulls can push it up a bit more and kink the 200 to the upside, bears would likely be dead...

 

djt.png


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#17 12SPX

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Posted 30 June 2020 - 09:57 AM

3057 average short now! 



#18 dTraderB

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Posted 30 June 2020 - 09:58 AM

2100 XLF IN LT PORTFOLIO, average entry $22.86. That is all there is there but will add more ONLY at lower prices.

#19 K Wave

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Posted 30 June 2020 - 10:03 AM

RUT trying to push back above hourly 900 here, as 15 min chart trying to get back into full bull mode.

 

Just need that 200 to kink upwards, and bears dead...

 

15 min

 

rut.png

 

60 min

 

rut.png


Edited by K Wave, 30 June 2020 - 10:03 AM.

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#20 Dex

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Posted 30 June 2020 - 10:15 AM

I have been saying this for a while, with rallies and bounces prevailing, but there will the BIG SELL coming, and it 

appears as if that day is nigh. How "nigh" ? One cannot predict to the day but this Summer could see a BIG FALL in the markets. 

 

I see some others saying the same...

 

 

Timing to me looks like in the area of late Aug to Sept.  


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