Here is MSFT 60 min and 1 min look
60 min
1 min
Posted 12 May 2020 - 01:40 PM
The moving averages give a good reference point for entry on the trade, I've never figured out yet
how to know where to take the profits, I guess just pick a spot after a lot of points or momentum
indicators overbought or oversold.
Edited by CLK, 12 May 2020 - 01:41 PM.
Posted 12 May 2020 - 01:47 PM
SOX about to back test broken 1 min 900...let's see if it now holds as resistance or not...
So far so, good for bears...held right at the line....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 12 May 2020 - 01:48 PM
battle at NDX 1 min 900 rages on....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 12 May 2020 - 01:54 PM
Looks like NDX trying to launch of 1 min 900 after triple bottom....pivot looks set now....bulls still have ball until that broken....
IF that triple bottom goes, and is not immediately recaptured, then bears could have some fun into close...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 12 May 2020 - 02:00 PM
IF NDX bulls manage to mount a charge into the close, then can still see final surge towards 9400-9500 in the cards over next few days.
But if they falter, then possibility today's open was it for now...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 12 May 2020 - 02:15 PM
RUT fresh hour of power lows....
now we see if NDX joins in and blows out the 1 min 900 and makes it stick
Edited by K Wave, 12 May 2020 - 02:15 PM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 12 May 2020 - 02:36 PM
Developing into quite the ugly afternoon for Rutty....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy