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#11 K Wave

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Posted 26 July 2020 - 08:33 AM

Trannies a bit more wedgied than RUT as of Friday.

 

And one could make a case for a possible cup with handle breakout soon.

And if that Davey Daytrader AirShip island gets taken out, could be a pretty bullish event.

But back below the 5 min 900 for any length of time, and the breakout hopes would likely start to fade due to configuration of longer time frame charts.

 

Possible BIG moment of truth early next week......

 

tran5.png


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#12 K Wave

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Posted 26 July 2020 - 08:47 AM

And for those who follow only SPX...it looks to me like 3200 needs to hold early next week, or a rollover could begin

 

So far....holding the huge island breakout level, and that is potentially bullish if SPX pretty much goes straight up on Monday.

 

But back below 3200, and it looks like the 15 min chart may be outta gas for now, as the 900 MA flattens out.

 

SPX 15 min

 

spx15.png

 

Shorter look 5 MIn

 

spx5.png

 


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#13 trioderob

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Posted 26 July 2020 - 11:09 AM

What I would like to know is - can you predict other things in life with this astro stuff or only the stock market ?



#14 pdx5

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Posted 26 July 2020 - 03:58 PM

What I would like to know is - can you predict other things in life with this astro stuff or only the stock market ?

We had this old astrologer visit my parents in India regularly and he told my parents, after examining my horoscope, I was destined to fly in airplanes and my fortunes would be earned in far away lands. I was barely 10 years old, my parents were broke due to health problems and loss of jobs. And affording education in USA was farthest thing from anyone's mind. 10 years later my parents came into an unexpected windfall inheritance and I was able to enroll in an American university to work on my master's degree. That prediction about flying in airplanes and earning a fortune in far away lands still sticks in my mind after 70 years since the astrologer's prediction.


Edited by pdx5, 26 July 2020 - 04:00 PM.

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