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Important Top Ahead 7/29/20?

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#41 12SPX

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Posted 31 July 2020 - 09:11 AM

hmmmmm where's the big rally, interesting no comments.....



#42 blackcloud

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Posted 31 July 2020 - 11:42 AM

Knew I should have gone 100% short on that flip-flop!!



#43 SemiBizz

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Posted 31 July 2020 - 02:27 PM

Knew I should have gone 100% short on that flip-flop!!

 

You just had to have the right signals for today...

 

"Here's what we have tonight.. and we haven't seen this signal for awhile... HYSTERICAL CLOSING PLUS TICK - and that signal is telling us to EXPECT A MODERATE PULLBACK - even if we open higher, and that almost looks like a lock from what we see in afterhours..."

 

good for 189 pt. NASDAQ Pullback this morning... cruising with the cash... they won't stop buying so we wait and ambush them again.


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#44 blustar

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Posted 31 July 2020 - 04:03 PM

I'm still looking for an important top on Monday the 3rd of August.  Range is 3303-3324 SPX. If that range is hit Monday, I believe it will be a top of importance!! We came off today's lows quite nicely and Monday should be it on an "astro wave cycle " basis.  Now we see what kind of drop we get going into next week to see if it mirrors the time span of Feb 19-28 or the DEC 2018 scenario.  I have a TLC low due Sept 3.  Don't know if it will be THE low or not. How it falls off the Aug 3 top will be the tell.  Another mirror is DEC 2018, where we gapped up on a Monday the 3rd and fell 14 TD's, which would tag the Aug 21 date for a low.  Next week is the tell. 

 

I have astro/wave markers for a low on the 5th and 7th of August and a high on or near the 11th. This looks like a possible DEC 2018 scenario to me, but it bears watching.  This is a 20 week cycle low and should not be worse than the dominant low in March.  That is not to say it can't be, but normally should not be.  Also, I have an important top due near Oct 19, which makes no sense I don't think to have a scenario like Feb/Mar.

 

14 TD drops and 18 TD drops are common.  March 16 was the orthodox low and was down 18 TD's from the FEB 19 top. Oct 2014 was down 18 TD's and early 2014 had a 14 TD drop.







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