If trannies can hold 9280 and then take out 9340 again, then likely Game Over for bears.
But, if they keep deteriorating, then could be a problem...see what next 30 min or so brings....
“And just as these stocks pulled up the entire market, they can pull down the entire market by their sheer weight.”
Started by
Dex
, Jul 12 2020 05:51 PM
50 replies to this topic
#11
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Posted 13 July 2020 - 08:53 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
#12
Dex
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Posted 13 July 2020 - 09:00 AM
I think this chart says it all as to what is going on. As the original post says it is all about tech. Everything else is not doing well.
If tech fails, then the house of cards falls.
"The secret of life is honesty and fair dealing. If you can fake that, you've got it made. "
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#13
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Posted 13 July 2020 - 09:01 AM
First 30 mix SPX....Doji right in the middle of the island.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#14
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Posted 13 July 2020 - 09:03 AM
Trannies still not acting well..
now watching back test of 12100 on NYA.
If that fails as well, then may have a real problem...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#15
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Posted 13 July 2020 - 09:04 AM
RUT back in red as well
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#16
Dex
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Posted 13 July 2020 - 09:04 AM
RUT just went negative
"The secret of life is honesty and fair dealing. If you can fake that, you've got it made. "
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#17
Dex
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Posted 13 July 2020 - 09:05 AM
RUT back in red as well
great minds ...
"The secret of life is honesty and fair dealing. If you can fake that, you've got it made. "
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#18
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Posted 13 July 2020 - 09:10 AM
OK trannies back above 9280 and RUT green again.
That last pivot low likely big now.
If bulls step on the gas here, then all still likely a go for launch...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#19
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Posted 13 July 2020 - 09:13 AM
SPX fresh High of 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
#20
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Posted 13 July 2020 - 09:20 AM
Here come the trannies
If they reclaim 9340 again, should be a bear bloodbath...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
