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Looks Like a B Wave Bounce to Me!

SPX GDX

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#1 blustar

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Posted 20 August 2021 - 01:26 PM

We are short SPX like there is no tomorrow as today's rally has B Wave written all over it! GDX looks to have bottomed and could gap up Monday.  I have the next cycle low being Aug 24/25. Could see an 8 to 9% drop next week easily, maybe even 11 to 12%. Something is up with the astros: 

 

Uranus > Rx last night with Jupiter Rx opposing the Sun and WED nights Mer/Mars conj and the full moon conj Jupiter on the 22nd. Bradley turn = Aug 20/22 Geo/Helio.  Then Mars and Venus form a Trine/BiQ topping combo to the Saturn Rx/Uranus Rx square Sunday and Monday, plus we are in a 4 TD top.

 
The next Bradley is Aug 25 Geo. Uranus Rx with the Venus/Mars topping signatures to the Sat/Ura sq. and Jupiter Rx opposing the sun conj the full moon this weekend. Lordy!!
 

The 4 hr and daily stochs still negative/pointing down, the weekly and monthly STOCH are down. The weekly MACD negative. We also had an A/D failure plus major intermarket divergences!

 

We short, we short!!

 

 



#2 andr99

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Posted 20 August 2021 - 01:58 PM

 

The 4 hr and daily stochs still negative/pointing down, the weekly and monthly STOCH are down. The weekly MACD negative. We also had an A/D failure plus major intermarket divergences!

 

We short, we short!!

 

 

 

I stay long....I stay long......


forever and only a V-E-N-E-T-K-E-N - langbard


#3 blustar

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Posted 20 August 2021 - 02:05 PM

 

 

The 4 hr and daily stochs still negative/pointing down, the weekly and monthly STOCH are down. The weekly MACD negative. We also had an A/D failure plus major intermarket divergences!

 

We short, we short!!

 

 

 

I stay long....I stay long......

 

 

 

 


Good luck, good luck... blu yes.gif



#4 andr99

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Posted 20 August 2021 - 02:26 PM

 

 

 

The 4 hr and daily stochs still negative/pointing down, the weekly and monthly STOCH are down. The weekly MACD negative. We also had an A/D failure plus major intermarket divergences!

 

We short, we short!!

 

 

 

I stay long....I stay long......

 

 

 

 


Good luck, good luck... blu yes.gif

 

 

don' t get angry with me blu....simply I don' t agree with the dark forecasts about the stock markets in this phase.....it's early imo, early to be short on an LT time frame.....


forever and only a V-E-N-E-T-K-E-N - langbard


#5 pdx5

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Posted 20 August 2021 - 03:38 PM

Only people who are long term short, are those who did not eat vegetables as children.


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#6 slupert

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Posted 20 August 2021 - 03:46 PM

Yesterday, the SPX bounced off the lower BB with volume, big white candle stopping at the adaptive MA. Follow through today, with another big candle, Closing above the adaptive 20 and the regular 20 (middle Bollinger band) Far from overbought on all indicators, shorts are already getting it rammed down their throats, and there very easily could be more pain. Why bend over in front of a moving steam roller and try and pick up dimes? Makes no sense.(jmho)



#7 pdx5

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Posted 20 August 2021 - 04:09 PM

Bookmarking this thread to see who wins next week bull.gif bear.gif


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#8 slupert

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Posted 20 August 2021 - 08:27 PM

Bookmarking this thread to see who wins next week bull.gif bear.gif

Its not about who is right, the trade itself is too risky. (JMHO)



#9 da_cheif

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Posted 20 August 2021 - 08:55 PM

watch the sky    AAII more bears than bulls    ..;..full moon...5 day arms now bullish.....after a  possible monday post opex adjustment tues at the latest shud be a boomer ....   some of.u guys shud go to ta school.....snort


Edited by da_cheif, 20 August 2021 - 09:00 PM.


#10 blackcloud

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Posted 20 August 2021 - 10:11 PM

Yesterday, the SPX bounced off the lower BB with volume, big white candle stopping at the adaptive MA. Follow through today, with another big candle, Closing above the adaptive 20 and the regular 20 (middle Bollinger band) Far from overbought on all indicators, shorts are already getting it rammed down their throats, and there very easily could be more pain. Why bend over in front of a moving steam roller and try and pick up dimes? Makes no sense.(jmho)

Because you're responding to the best fade in the Milky Way, or any other galaxy!!  100% wrong 100% of the time.







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