562 replies to this topic

[K Wave]

VIX still constructive for bears at this point...

[tradesurfer]

cant believe I am actually saying VIX could do a superspike on nuclear war threat... geez

[beta]

this could still completely come apart in a heart beat if those last pivots don't hold....

 

Gold still dropping a bit more without me...

 

Cannot rule out that the local e-wave count that began on 9/20 was the start of a "3 of 3 of 3." 

 

So far, technical indications of this possible wave count include:

• weak bounces
• open gaps (that remain unfilled)
• steep angle of decline
• extreme oscillator readings that do not immediately reset

IF this wave count is correct, it's going to be a long time before bullz see SPX 3900/ TSLA 290 again. 

 

This is why I think it's very high risk to play the long side here, unhedged.  IMHO.

[K Wave]

IF bulls win out on the 1 min TSLA battle line, then perhaps this in TSLA future?

 

 

Would line up fairly well on the rolling over 5 min as well for a nice combo....

 

Edited by K Wave, 26 September 2022 - 11:21 AM.

[K Wave]

TSLA 1 more time down to the line....can bulls hold it?

 

IF not, could get ugly sooner, rather than later...

 

Either way. its coming....

Edited by K Wave, 26 September 2022 - 11:23 AM.

[redfoliage2]

I'd not be surprised to see the June's low will not hold, that low may be reasonable then but not now .................... 

[tradesurfer]

Peter Eliades had a long term target about 100 on tsla

[K Wave]

Gold ever closer to the abyss....MASSIVE air gap in the chart if it goes hard down here today....

[K Wave]

Rusty approaching Friday low....

 

Not especially bullish action on that one today as VIX pushes back towards 32

[tradesurfer]

If spx breaks down here dont we get a fast move to 3200 and change ?  that is LAST support

 

if that breaks then could swing down to covid lows