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CRITICAL MARKET SUPPORT HOLDS or ES plunges below 4100?


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#441 K Wave

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Posted 27 October 2023 - 08:08 PM

And on some occasions the 1000 day provides a bit more clean fit than the 900...

 

I present XLF

 

 


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

 

 


#442 K Wave

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Posted 27 October 2023 - 08:23 PM

And Tesla taking out that August Island bottom...almost never good when that sort of thing happens..

 

 

 

And let's see where Tesla is on Daily.............Oh

 

 

 

 


Edited by K Wave, 27 October 2023 - 08:23 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

 

 


#443 K Wave

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Posted 27 October 2023 - 08:38 PM

Speakin' of multiple 900 bounces and then a fail....67 could very well have been a major fumble on MU

 

 

Daily

 

Very very close to Synchronous Cyclicity™ downside here...so if bulls are gonna save it, likely gonna have to be REAL soon...cuz once below that daily 200, bulls odds start to fade DRAMATICALLY

 

 

 


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

 

 


#444 K Wave

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Posted 27 October 2023 - 08:42 PM

Anyway, as I said right after bears won the HUGE Shaking The Trees battle last week at MUCH higher levels, bulls have to prove themselves worthy to me, and so far, they have not even come close....

 


Edited by K Wave, 27 October 2023 - 08:45 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

 

 


#445 K Wave

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Posted 27 October 2023 - 09:39 PM

And where's that dude that was breathlessly raving about Healthcare leading a slaughter of the bears?

 


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

 

 


#446 K Wave

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Posted 28 October 2023 - 08:56 AM

Ford...talk about literally falling off a cliff.....

 

 

 


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

 

 


#447 K Wave

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Posted 28 October 2023 - 09:42 AM

TQQQ lost the 200 day last week...

 

And yes, you can actually get clues from the 2 and 3 x funds...

 

So unless Apple gives a giant stick save next week. the real bad portion of the bear on TQQQ very likely just getting underway....extrapolate that to the NDX as you see fit...

 

 

 

 

 

 

 

 


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