Short at break -even stop
may flip back long!!!
Edited by salam, 10 August 2017 - 12:36 PM.
Posted 10 August 2017 - 12:30 PM
Short at break -even stop
may flip back long!!!
Edited by salam, 10 August 2017 - 12:36 PM.
Posted 10 August 2017 - 12:47 PM
Covered @ 2448 Flat 32 points locked in Stop on covered long on lowof the day...thats me done for the day
I have a feeling they will want the dow above 22K
Edited by salam, 10 August 2017 - 12:53 PM.
Posted 10 August 2017 - 02:21 PM
Oops... new low 6218 next...
Posted 10 August 2017 - 02:38 PM
OK so ultimate target now is still 6193, but we should get buyers now at 6218....
Now let's see if they come crawling out of the sewer and buy the chips...
Posted 10 August 2017 - 02:43 PM
Number to test is 6218.78...
I was way off so far eh ...
6219.47 Low.
They snapped them up before they could test...
Posted 10 August 2017 - 02:50 PM
6218.78 previous reference candle low tested...
6193-94 Confluence of 3.14X Fibonacci and gap fill NEXT
Posted 10 August 2017 - 02:52 PM
As long as this decline continues, volume-based price targeting and Fibonaccis are going to rule...
And since there's no resolution to this "end of the World" event.
It's not going to stop.
Unless there is a miracle.
Posted 10 August 2017 - 02:54 PM
See the beauty of it, is after 6193, I'm not done, there's more of the script...
It's all in the chart...
So I know where it's going to hang up all the way back to 1265 Nasdaq, it's all documented...
I don't have to think
I have 8 1/2 years of daily forecasts I can access...
So this can open anywhere tomorrow, and I just dial it in by price and date.
Edited by SemiBizz, 10 August 2017 - 02:56 PM.
Posted 10 August 2017 - 03:01 PM
NVDA broke decisively below 165.50 and closed below. JPM closed below morning lows. Bad news for the market intermediate term.
Posted 10 August 2017 - 03:02 PM
Well, well now we get to see NVDA...
Bit of a trash heap here for Nasdaq...
Closed UNDER VOLUME SUPPORT...
Nothing left to do now but hug that 3.14X Fib like a piece of pie... red pi, strawberry rhubarb perhaps.... 6193 here we come.
And after that... well... that's for my people.