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#1 tommyt

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Posted 12 February 2020 - 04:16 PM

Pretty rare, it is well underway, almost impossible to pick a top of one, no need to. At this point its implementing option strategies to play either for more up or volatile down...we are not gonna sit still. The NDX vs its 200d MA is completely off of the charts. Good luck all:

 

https://stockcharts....id=p10496389596



#2 LMF

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Posted 12 February 2020 - 05:57 PM

The way it looks now, TQQQ has not even started to diverge yet on the daily chart. A good price high could be who knows where. Just higher......

#3 K Wave

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Posted 13 February 2020 - 07:26 AM

Looks to me like NDX put in the final wave of the big checkmark top over last couple of days.

 

Next 1,000 points or so is down....

 

Short stop would be back above 9600 on NQ...


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

 

 


#4 LMF

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Posted 13 February 2020 - 08:42 AM

QQQ 240.......before this runup Is complete. My system doesnt tell me the timing of it.

#5 K Wave

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Posted 13 February 2020 - 11:51 AM

Watching this last gasp over 9600 on NDX...

 

If it fails to hold, then down leg likely begins in earnest....

 

If it does hold, then possibly even more blowoff before corrective wave.

 

But methinks we are very close now to beginning of substantial down wave..


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

 

 


#6 K Wave

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Posted 13 February 2020 - 11:57 AM

Nice back test of the broken short term trend line on GDX.

 

Let's see if launch mode is one deck now.....


Edited by K Wave, 13 February 2020 - 11:57 AM.

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 K Wave

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Posted 13 February 2020 - 01:32 PM

So far, so good for the bulls on the 9600 battle...

 

And Trannies creeping back up towards 11K....if they reclaim that level one more time, its likely going to be held by bulls this time.

 

This afternoon could be revealing action.....


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

 

 


#8 K Wave

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Posted 13 February 2020 - 03:37 PM

this thing looks like a tired old beast


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 alexnewbee

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Posted 14 February 2020 - 02:18 PM

Look at GS
"we do G.d's work" Lloyd Blankfein