1426 replies to this topic

[dougie]

 

 

AMZN daily...Classic potential Crash setup....dead cat off the 200, and then plunge to the 900???

 

 

900???

 

900 Day MA...usually where crashes find their footing...

 

The area between the 200 and the 900 is the "Crash Window" after a very long run to the upside.

 

I would say Amazon has had a reasonably long run to the upside...

 

How about a monthly look with total stall out, and Momo headed south....

 

Doesn't mean crash guaranteed to happen...buy boy if it were going to happen, this would sure be the place...

 

In fact, I would not rule out an eventual move to the monthly 200, as it comes up to meet price.

 

 

THanks Kwave.

[dougie]

slv needs one more dip under 23.27 to complete iii of c imho. then we rally probably up to about 

 

24.6 then down again to complet v of c and to complete this correction, just my take 

i like that scenario. take us into late march?

[Russ]

Point and Figure Gold breakdown objective met. How reliable are they?  https://schrts.co/BmjXNezk

[gannman]

i think it would dougie 

[Russ]

This guy is a wiz at the techs, he thinks gold could go down to 1620 to try and flush out the weak hands by taking out the support then it would go up to 2320ish by Oct, it's a video where he shows his methods on the software, it looks quite convincing on paper... https://www.tradingv...-pips-potentia/

[linrom1]

 

We just retraced 0.618% of WAVE 5 of III...good place to stop!!!

[dharma]

dsi gold yesterday=12 so still in a bottoming area

we are close here in sentiment , i still see a bit of time for more weakness , next week

the mining stocks bull has not really started yet, or its early https://pbs.twimg.co...=jpg&name=large

this is setting up an exceptional buying opportunity

dharma

[dougie]

too picture perfect imo

[dougie]

if right then a doozy wave 3 is in store here

[gannman]

slv met my requirement to complete wave iii of c . so we should see a wave iv of c

 

rally before a final dip for wave v of c