Level 8.25 / 4
I think we are close to that 1+ Level month correction. May start tomorrow or Weds.
2/5
Started by
zoropb
, Feb 04 2019 06:00 PM
19 replies to this topic
#1
zoropb
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Posted 04 February 2019 - 06:00 PM
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.
#2
zoropb
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Posted 05 February 2019 - 07:18 AM
Using the low last night 16.25 x2 L = 32.75 from there 1 month L down is 2650+- My first target area for a correction from a high likely this morning. I will be putting in a quarter for that trade apart from my daily trading.
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.
#3
Waver
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Posted 05 February 2019 - 07:41 AM
Zoro
Do you have a threshold of where the bear case is dead and the bull is back on the table?
Will new all time highs make the bear case dead in your eyes? Or a certain point way before new all time highs make the bear case dead?
I ask because allegedly this bear market rally was supposed to end Many Many points ago. But breadth continues to rise almost unabated and more importantly price continues to rise in almost a parabolic fashion. I would think somewhere along the line, somewhere before new all time highs, the bear case is dead?
Do you have a threshold of where the bear case is dead and the bull is back on the table?
Will new all time highs make the bear case dead in your eyes? Or a certain point way before new all time highs make the bear case dead?
I ask because allegedly this bear market rally was supposed to end Many Many points ago. But breadth continues to rise almost unabated and more importantly price continues to rise in almost a parabolic fashion. I would think somewhere along the line, somewhere before new all time highs, the bear case is dead?
#4
zoropb
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Posted 05 February 2019 - 07:55 AM
New all time highs.
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.
#5
SemiBizz
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Posted 05 February 2019 - 08:35 AM
HYSTERICAL CLOSING TICK SIGNAL IN EFFECT PER +585.00 CLOSING TICK TONIGHT
even if we open higher, we're looking for a moderate to strong PULLBACK to develop
2720 consolidation probable, then we see.
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#6
zoropb
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Posted 05 February 2019 - 08:47 AM
I agree but after a high over last night.
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.
#7
SemiBizz
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Posted 05 February 2019 - 09:05 AM
Makes sense, they keep banging on it...
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#8
Waver
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Posted 05 February 2019 - 09:09 AM
Semi
Which symbol do you use to get that 585 closing tick? I only see 332 using $TICK on StockCharts.
Thanks in advance!
Which symbol do you use to get that 585 closing tick? I only see 332 using $TICK on StockCharts.
Thanks in advance!
#9
Gumper
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Posted 05 February 2019 - 09:23 AM
ES 2735 is the most heavily traded price by volume in 2018.
#10
SemiBizz
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Posted 05 February 2019 - 09:28 AM
Semi
Which symbol do you use to get that 585 closing tick? I only see 332 using $TICK on StockCharts.
Thanks in advance!
Fine, whichever charting service works for you, I don't use stock charts
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
