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ES 4000-4050 LOW before rally to new ATH


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#61 dTraderB

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Posted 05 September 2023 - 10:08 PM

Not many posts in his account but he reappears now with this - DOWN:

https://twitter.com/elliott_us30



#62 dTraderB

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Posted 06 September 2023 - 12:57 AM

Closed 147.052

147.44

SHORTED USD/YEN

will add above 147.95, 148.44



#63 dTraderB

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Posted 06 September 2023 - 12:59 AM

Will reshort above 147.2, 147.7 148.2

Closed 147.052

147.44

SHORTED USD/YEN

will add above 147.95, 148.44



#64 dTraderB

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Posted 06 September 2023 - 05:34 AM

Key developments that should provide more direction to U.S. markets later on Wednesday:
*U.S. August ISM and S&PGlobal service sector business surveys, U.S. July international trade, Canada July international trade
*Bank of Canada policy decision
*Dallas Federal Reserve President Lorie Logan and Boston Fed President Susan Collins speak. Fed publishes Beige Book of economic conditions
-REUTERS

#65 dTraderB

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Posted 06 September 2023 - 05:52 AM

Two major support zones must hold or else... ES 4300 soon. ES spent 28 5m bars in the 4487-93 zone overn8ght. It is just above it now.
The next important support is 4464-67

ADAM: "...important for bulls to defend this back-test now, which is currently at 4493-87. Failure would be quite bearish, and mean this correction needs more time/consolidation.

4464-67: This was an important zone all of August. We broke it down on August 15th which started the multi-day sell, then reclaimed it August 29th, and will be important to hold on any dips."

#66 12SPX

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Posted 06 September 2023 - 07:54 AM

Darn, woke up to a down market but not crashing like some were saying lol!!   Oh well rates remain high and my fat profit stop is being set at 4495 with a sell above...



#67 K Wave

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Posted 06 September 2023 - 07:57 AM

Italy just bounced at likely important spot.....another breach of the hourly and back below 28K would start to make that Cherry on Top look a lot more ominous now.

 


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

 

 


#68 K Wave

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Posted 06 September 2023 - 07:58 AM

BTC day number 6 coiling under 26K......decision time likely pretty soon now...


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

 

 


#69 K Wave

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Posted 06 September 2023 - 08:00 AM

Still have to get Apple under 187.50 and Meta under 295 before bears likely have any real shot at tearin' up the campsite.


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

 

 


#70 K Wave

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Posted 06 September 2023 - 08:01 AM

Gold 2nd breach attempt on 1925......If Gold bulls lose the ball here could be no bueno...


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