NQ getting the expected bounce...now we see what happens after the open....13700 is the key level bears have to hold.
THE PRIMARY WAVE THREE thread and finding the Intermediate wave TWO corrective low
Started by
senorBS
, Mar 05 2021 02:27 PM
2512 replies to this topic
#871
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Posted 05 May 2021 - 07:34 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
#872
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Posted 05 May 2021 - 07:35 AM
13650 might have just been all the bulls had....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#873
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Posted 05 May 2021 - 07:39 AM
Silver just tested yesterday's spike low...it pretty much now needs to reverse immediately and take out 26.50 upside, or imminent rollover back down may begin....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#874
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Posted 05 May 2021 - 07:45 AM
15 min chart on Gold may prove key today....if bulls can reclaim 1780 and hold it, could be right back in biz.
Failure to do so would likely be no bueno
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#875
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Posted 05 May 2021 - 07:52 AM
So far so good on Gold....last hurdle around 1785, before bulls possibly take full control....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#876
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Posted 05 May 2021 - 08:40 AM
SPX trying to reclaim short term floor level at 4175....
RUT got up to floor at 2260
those levels could be muy importante today....if bulls reclaim both, bears likely got trouble on their hands...
And if not, then bears may be about to take control....
Edited by K Wave, 05 May 2021 - 08:40 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
#877
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Posted 05 May 2021 - 08:55 AM
Here's the backtest of the key 4800 level on FAANG tracker....
Bears either hold the line here, or we go into super bubble mode...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#878
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Posted 05 May 2021 - 09:03 AM
Back below 2240 on RUT would be first sign bears may be about to take the ball and run with it....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#879
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Posted 05 May 2021 - 09:06 AM
DOW back into red, but no real threat yet until back below 34K
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#880
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Posted 05 May 2021 - 09:32 AM
RUT opens with ugly bearish engulfing candle at entrance to hourly "crash window"
It is all about follow through by the bears now...
Back above the top of the red candle would likely mean bulls win this battle...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
