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Posted 25 August 2023 - 01:50 PM
Finally back to the computer...
Current Apple 3 min look...could still have issues here, but as long as 177 holds, bulls have done what they needed to do today.
Below 177 will go short in a big way....
Depending on how rest of today goes will decide whether I gear long or short next week....this is still a very critical area, and I can see both sides of possible outcome...and so far, a lot of the things I am watching are not jumping of the cliff edges for the most part.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 25 August 2023 - 01:53 PM
UNH...as long as 488 holds, very real possibility it starts to turn back up here.
But below 488, it very likely starts to slip slide away...see which way the thrust hits pretty soon....
Edited by K Wave, 25 August 2023 - 01:53 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
Member
Posted 25 August 2023 - 02:05 PM
Assuming Apple continues to hold 177... next multi-timeframe target zone looks like 185 area..60 min look here
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 25 August 2023 - 02:12 PM
Google...close but no cigar on the 128 breach for bears.
If and when that does finally does get broken would time to short aggressively.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 25 August 2023 - 02:23 PM
rusty finally takes HOD...could see that coming a mile away when Apple held
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 25 August 2023 - 02:24 PM
Both SPX and NDX made a bullish afternoon reversal as I predicted in the morning. ...........................
Edited by redfoliage2, 25 August 2023 - 02:33 PM.
Member
Posted 25 August 2023 - 02:25 PM
Daily Rusty....bears have to get a close under that 200 day before they can break things open...
And back above 1900 would put ball back in bulls hands....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 25 August 2023 - 02:28 PM
My guess is we are less then 2 weeks away from getting some real resolution on Rusty.....which should give a good indication on the market in general.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 25 August 2023 - 02:33 PM
So far looking like possible shake n bake turn on Rusty developing.....but needs to keep above the apple turn pivot now.
Above 1880 would be first big step for bulls potentially pulling off a big intermediate turn here.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 25 August 2023 - 02:48 PM
Rut Cash hourly....if bulls manage to keep holding 1830 and complete a huge transition, gonna be hard to be real bearish....
Below 1830..a whole nuther story...
Happy to keep trading in and out waiting for the BIG DECISION
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
