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#1 redfoliage2

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Posted 26 March 2020 - 09:03 AM

 Unlike in the past two weeks now we are seeing dips got bought in both the index futures and the cash market.  I posted last Friday that we would see the winds of change this week and it's here on time.  We are having the wave B up.................


Edited by redfoliage2, 26 March 2020 - 09:11 AM.


#2 da_cheif

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Posted 26 March 2020 - 10:09 AM

more like a C down is behind us...the top of the B wave was the feb  hi.....a giant 3rd is underway



#3 linrom1

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Posted 26 March 2020 - 10:11 AM

 Unlike in the past two weeks now we are seeing dips got bought in both the index futures and the cash market.  I posted last Friday that we would see the winds of change this week and it's here on time.  We are having the wave B up.................

Alternate possibility is that we bottomed at wave © and are moving in an impulse or series of wxys for number of years. However the B wave up is the view held by most.



#4 darnelds

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Posted 26 March 2020 - 10:37 AM

What about wave 2 up?



#5 linrom1

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Posted 26 March 2020 - 10:39 AM

What about wave 2 up?

Only for SUPERCYCLE bears like Nenner, DOW 5,000.


Edited by linrom1, 26 March 2020 - 10:40 AM.


#6 K Wave

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Posted 26 March 2020 - 11:03 AM

SOX struggling here at the big floor area....

 

If it fails to hold 1540, may lead a rollover..


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

 

 


#7 redfoliage2

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Posted 26 March 2020 - 11:18 AM

SOX struggling here at the big floor area....

 

If it fails to hold 1540, may lead a rollover..

Possible as VST the market is in very over-bought conditions ........................................



#8 K Wave

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Posted 26 March 2020 - 11:35 AM

SOX back up to 1550....let' see if we get triple top here, or it finally punches through...

 

Back below 1540 again after this would lkely be a sell...


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

 

 


#9 K Wave

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Posted 26 March 2020 - 12:07 PM

Anyone else smelling imminent bearish upthrust throwover on SOX to end this upwave?

 

A move back under 1550 now could seal the deal.

 

That old floor should be solid resistance on the first crack at it...


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