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BOUNCE & PLUNGE: waiting for the last dance & for the music to stop


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#551 12SPX

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Posted 28 January 2022 - 01:58 PM

yes but what about the 3:26 chart, its so much different than the 3:29 min chart???



#552 K Wave

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Posted 28 January 2022 - 02:06 PM

3 and 5  min volume bars on rut futs suggesting 1960 area doable if can break back over 1933

1933 and no dice so far...below 1923, they go back negative...

 

Sox slippin' a bit....if this is not headfake, could be trouble....


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

 

 


#553 K Wave

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Posted 28 January 2022 - 02:08 PM

those volume bars can be scarily accurate on the pivots....

 

Now see if rusty let's go...is is after all Friday afternoon an Ugly week

 

Bear with ball below 1933....


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

 

 


#554 K Wave

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Posted 28 January 2022 - 02:10 PM

Failed breakout attempts often lead to big move in opposite direction.....


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

 

 


#555 K Wave

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Posted 28 January 2022 - 02:12 PM

same with failed breakdown....so if SOX were to recover that massive floor test, bears need to pay attention...

 

so far though, looking like bear ball on the rusty failure...


Edited by K Wave, 28 January 2022 - 02:12 PM.

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

 

 


#556 K Wave

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Posted 28 January 2022 - 02:18 PM

now we see if Softee can hold this back test of 300...

 

If not, could be a late day collapse brewing....


Edited by K Wave, 28 January 2022 - 02:18 PM.

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

 

 


#557 K Wave

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Posted 28 January 2022 - 02:19 PM

AAPL lookin' like a big ol' top formation with ugly momo on the 5 min

 

aapl.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

 

 


#558 K Wave

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Posted 28 January 2022 - 02:20 PM

no danger of serious damage if AAPL holds 162...below that, who knows where she might stop....


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

 

 


#559 hhh

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Posted 28 January 2022 - 02:20 PM

There's a bearish Gartley in play today with targets at 4346 and 4319 SPX.

Target 1 hit.



#560 K Wave

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Posted 28 January 2022 - 02:21 PM

BRK attempting another rollover...

 

brk.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