Member
Posted 03 December 2019 - 03:04 PM
yea a lot of things are coming together.
There isnt one USA Stock Index that looks impulsive since December 2018.
Right now the DOW, RUT and TRAN is for sure locking a wave B type of rallies from December 2018.
SP500 and the Nasdaq are close.
Bonds surely look ready to go to new yearly lows.
This is all from an EW perspective. I know this is not the end of all ends.
Member
Posted 03 December 2019 - 03:13 PM
I am using RUT 1600 as my Maginot line now....
It has been screwing around with 1600 for almost a year now.
My guess is 1600 is just about to be left behind in a big way...one way or another.
Ready to play either side for a big Intermediate term move...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 03 December 2019 - 03:41 PM
"This is a Critically Important TREND Signal, not a signal for immediate trades"
Tuesday 1:00: Daily LOLR STS Up Down Down 1/6 0/7 6/1 OFFICIAL LOLR SELL SIGNAL - This is a Critically Important TREND Signal, not a signal for immediate trades
Edited by robo, 03 December 2019 - 03:42 PM.
" “There is only one side to the stock market; and it is not the bull side or the bear side, but the right side” Jesse L. Livermore
blustar
Posted 05 December 2019 - 11:02 AM
My astro cycle technical work suggests a move down first to test the 3070 level then up next week into week's end either the 12th or 13th. I have a TLC low due on the 12th, and a Jup/Sat high on the FED announcement day, so I'm thinking we go down into Friday pretty good to match the 4 TD cycle. I also have a TLC low due Monday, so I'm thinking more and more that the 13th will be the top. IF SO, then watch out for Dec 19-23!
Member
Posted 05 December 2019 - 12:22 PM
My astro cycle technical work suggests a move down first to test the 3070 level then up next week into week's end either the 12th or 13th. I have a TLC low due on the 12th, and a Jup/Sat high on the FED announcement day, so I'm thinking we go down into Friday pretty good to match the 4 TD cycle. I also have a TLC low due Monday, so I'm thinking more and more that the 13th will be the top. IF SO, then watch out for Dec 19-23!
I'm thinking the same thing, in the VST we are down, possibly as much as 5%. I am Long the December $SPX 3075 puts (basis of 21.00 per contract)
