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THE PRIMARY WAVE THREE thread and finding the Intermediate wave TWO corrective low


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#911 K Wave

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Posted 06 May 2021 - 08:58 AM

TSLA back under 670.....


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#912 K Wave

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Posted 06 May 2021 - 08:59 AM

Trannies finally looking like a sell on 15 min chart, after one of the most insane rising wedges ever...


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#913 K Wave

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Posted 06 May 2021 - 09:08 AM

TSLA.. if this hourly candle finishes below 660...very likely Look Out Below scenario....

 

tsla.png


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#914 K Wave

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Posted 06 May 2021 - 09:11 AM

We may be super close to peak Crytpomania now.

 

My wife says her Facebook and Twitter feeds are just exploding with people talking about Doggy Coin


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#915 K Wave

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Posted 06 May 2021 - 09:16 AM

Naz decliners thus far getting progressively worse...


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#916 K Wave

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Posted 06 May 2021 - 09:17 AM

4700 looks like super key level on FAANG tracker...could fall off a cliff it it does not hold here....


Edited by K Wave, 06 May 2021 - 09:17 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

 

 


#917 senorBS

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Posted 06 May 2021 - 09:21 AM

Trannies finally looking like a sell on 15 min chart, after one of the most insane rising wedges ever...

yep, as posted yesterday the Dow Indus and Trannies may have seen the final highs yesterday all by themselves in bearish narrowing/toppong action. I still don't really trust the metals/miners here if gen mkt really cracks hard. However as you have posted it really is NO excuses time and this HAS to be a wave 3 higher if bullish so IMO one can raise stops considerably - for example if GDXJ goes below 49.70-75 I'd be GONE, just my take. Liking my small bearish position so far in S&P

 

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#918 K Wave

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Posted 06 May 2021 - 09:22 AM

TSLA fresh lows for the move below 660....


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#919 K Wave

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Posted 06 May 2021 - 09:29 AM

And of course, the Dow still Green printing so average Joe has no idea what is happening underneath the surface...


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#920 K Wave

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Posted 06 May 2021 - 09:32 AM

Looks like it is all about 127 on Apple now....

 

Likely will not survive another breach of that level.

 

But....if it manages to hold, and take out 130, super bubble mode still possible...

 

So far today, relatively stronger than some other tech...


Edited by K Wave, 06 May 2021 - 09:32 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