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Posted 04 September 2023 - 10:47 AM
DAX slowly tryin' to make the transition to bear mode after the big cherry on top.
A solid breach of 15800 might get bears in business for than a day or 2.
Back above 16K one more time, and very possible bulls could prevail out of this HUGE congestion zone.
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 04 September 2023 - 10:49 AM
Uncle Buck tryin' for the Cup w Handle thingy at 104....
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 04 September 2023 - 10:52 AM
Daily look... about as perfect of a Shake N Bake as you could ask for....
103 now a big level...but bears got nuthin' unless they take out 101
Much above 104, and slingshot engaged release very possible....
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 04 September 2023 - 10:59 AM
Also, if BTC does break, have a look as MSTR balance sheet....the entire company is pretty much a ginormous humongously leveraged bet on bitcoin.
And that stock could fall a very looooong way if BTC does break 25K here shortly....
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 04 September 2023 - 11:06 AM
There's your 5 mi pivot on Naz...
Bears back on the warpath below, and bulls still potentially OK above...
But DA FINGA up there looks perhaps a bit ominous??
Edited by K Wave, 04 September 2023 - 11:07 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
Member
Posted 04 September 2023 - 11:09 AM
Always starts with the 1 min time frame...so we see if bears can hold the roll attempt....and start the cascade of time frames
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 04 September 2023 - 11:18 AM
Dr Copper looking like HUGE decision dead ahead....
failure to hold 3.84 could turn out to be very no bueno.
And if it DOES hold after a brief dip under, then bulls have to be respected 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 04 September 2023 - 11:20 AM
4 hour Copper...full roll attempt in progress...do or die for bulls 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 04 September 2023 - 11:24 AM
Gold also at likely huge pivot point...
As long as it holds above 1925, bulls could still take this out the top...
But failure to hold the hourly and back below 1925 could lead to big 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
Member
Posted 04 September 2023 - 11:29 AM
And what in the world is going with Crude Gasoline spread?
At some point they have to start trending back towards sync up and we find out who is the liar....
2.76 looking like big level on Gas....above that, may start to play catch up.
But until that happens, possible crude plays catch up on the downside instead.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
