2512 replies to this topic

[K Wave]

Crude took quite a tumble overnight, but has thus far held 64

 

64 looks huge now...

[K Wave]

Here comes ARKK again...if it can bust through 104 and hold it, the turn may start to take hold...

[K Wave]

BIDU with pretty big divergence on retest of the spike lows at the 2 hour 900...

 

could be about get big relief rally?

 

[K Wave]

NDX looking like 13400 is for all the marbles now on 30 min chart.

 

If bulls fail to reclaim that, and subsequently take out the hourly pivot, affix the chin straps on your crash helmet...

 

Could be an interesting couple of days coming up....

 

Edited by K Wave, 13 May 2021 - 09:06 AM.

[K Wave]

AMZN with 30, 60, 120 900 MAs all within about 1.5% of each other now..

 

Likely a big BIG decision going to  be made on this pretty soon....

 

Currently right at the 2 hour, and just below the 30 and 60

Edited by K Wave, 13 May 2021 - 09:19 AM.

[K Wave]

TSLA unable to reclaim 600 thus far.....time is running short there....

[K Wave]

IF bulls are able to turn this back test of the key 25 level on SLV into support now, Silver could be days away from launch mode.

 

But if 25 fails to hold, would be first real sign of all too familiar throwover brewing....

Edited by K Wave, 13 May 2021 - 09:28 AM.

[K Wave]

TSLA a sick pup.....super close to full on crash there now

 

IF ARKK takes out yesterday's swing lows could be trouble ahead...

[K Wave]

Below 102 on ARKK now is the Danger Zone

 

See if bulls can hold this 2nd test, or they are just about to give up the fight...

Edited by K Wave, 13 May 2021 - 09:50 AM.

[K Wave]

Looking like Dow has a shot at 34200 back test ....what happens there over next few days could telling...