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Fangs Low Late March


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#1 Russ

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Posted 23 February 2021 - 12:35 PM

Oscillator is projecting a low for late March for the Fangs.

 


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



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#2 LMF

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Posted 24 February 2021 - 12:12 PM

One thing is becoming apparent (to me atleast)..... its almost impossible to get a good high in the markets until the CNN greed meter has degraded to below 30. Rarely that can happen while the highs are actually in progress. Or it shows up on the way down. But short of that, its just the MM guys reloading before the next runup. The highs last week are not significant yet.

#3 Russ

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Posted 25 February 2021 - 12:49 PM

One thing is becoming apparent (to me atleast)..... its almost impossible to get a good high in the markets until the CNN greed meter has degraded to below 30. Rarely that can happen while the highs are actually in progress. Or it shows up on the way down. But short of that, its just the MM guys reloading before the next runup. The highs last week are not significant yet.

The high in nasdaq is already in... 


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#4 Russ

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Posted 25 February 2021 - 12:56 PM

Bull flag chomping at the big on inverse 3x fangs... 


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/