Member
Posted 12 May 2021 - 10:40 PM
And here is a recent example of 2 time frame type stuff.
Note that during the resistance phase in March, the 15 min was doing a much better job than the 30 min.
But during this decline, the 15 min looks sloppy with overshoots, but the 30 min is spot on with the 900 and the 200...
Never, ever, just watch 1 time frame if you want all the clues possible....
NDX 15 min
NDX 30 min
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 13 May 2021 - 12:21 AM
Here's wild one for ya...look at that run on AAPL over a decade...
That is a fun one. You know, I won't be shocked at all if a back test of that 900, is a big money maker for you one day.
Member
Posted 13 May 2021 - 12:32 AM
And here is a recent example of 2 time frame type stuff.
Note that during the resistance phase in March, the 15 min was doing a much better job than the 30 min.
But during this decline, the 15 min looks sloppy with overshoots, but the 30 min is spot on with the 900 and the 200...
Never, ever, just watch 1 time frame if you want all the clues possible....
NDX 15 min
NDX 30 min
I 100% know what you mean. I often find that when my trades aren't working, It is usually just a time frame issue. Scale out the time frame, it all makes sense again. Find the "fit" and trade with that until it stops working. Its usually good for 2 or 3 trades, before a busted trade.
Member
Posted 13 May 2021 - 12:40 AM
Here's wild one for ya...look at that run on AAPL over a decade...
That is a fun one. You know, I won't be shocked at all if a back test of that 900, is a big money maker for you one day.
Sorry a bit tired, realized you were indicating now is major topping action. So looking for an ABC down to the 900 makes a lot of sense! Its simply a matter of *IF* this is a major top. If this isn't it, probably less than 6 months away!
Edited by CHAx, 13 May 2021 - 12:44 AM.
Member
Posted 13 May 2021 - 02:56 AM
This one looks really ugly. The closest one like this was in June.
Member
Posted 13 May 2021 - 08:43 AM
ARKK making the attempt to turn the corner.
If it is unsuccessful, then crash type action still possible...
TSLA is going to be key as a big part of ARKK...it needs to get back over 600 REAL soon now, or today could get ugly.
NDX still holding the hourly 900...that pivot set on WWW now looks hugely important...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 13 May 2021 - 08:46 AM
Silver thus far working yesterday's failure off at a minor angle of descent....that's what bulls need.
But if ARKK / NDX fail later today to hold their big pivots, then possible metals could do another one of their patented straight down moves....
Still leaning towards bullish outcome here, but bulls MUST hold the line today....
Edited by K Wave, 13 May 2021 - 08:47 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
Member
Posted 13 May 2021 - 08:48 AM
TSLA back down to unchanged area....Bulls have to step up right here, or it is likely going over the edge...
See what happens dead ahead...
Edited by K Wave, 13 May 2021 - 08:48 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
Member
Posted 13 May 2021 - 08:51 AM
SILJ getting into possible reversal position.....cannot afford much more down....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
