any rebound has to exceed the mini target before bulls can have chances.
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fehro wrote:RUT/IWM last man standing >20d/50d… joins the party.. look to tag.. /CL starting to feel the heat.. it joins.. buckle up big time to the downside
mind VIX 20d/50d confluence.. over it.. last one to leave.. please turn off the lights
crawford glissadevil wrote:Bias down for a few days.
Just completed "B wave flat" up, of (A (ABC ) wave down )of larger E wave in the Triangle which as been unfolding since the ATH' . Now, about to go into a C wave down followed by one wave UP (B of ABC of E Triangle) then a final (C of ABC of E Triangle) push toward the Feb and April lows.
crawford glissadevil, can you post a chart? If so, thanks!
strange, down a lot but the internal is not as bad.
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Al_Dente wrote:........ HOWEVER the bulls may not be done yet
NY advancing stocks = 1.6 x declining stocks
NY advancing volume = 2.8 x declining volume
bulls gave it up
NY advancing stocks = 0.94 x declining stocks
NY advancing volume = 1.4 x declining volume
But bears haven't caught up yet
NY declining stocks = 1.1 x advancing stocks
NY declining volume = 0.6 x advancing volume
NY declining stocks = 2.1 x advancing stocks
NY declining volume = 1.9 x advancing volume
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
fehro wrote:RUT/IWM last man standing >20d/50d… joins the party.. look to tag.. /CL starting to feel the heat.. it joins.. buckle up big time to the downside
mind VIX 20d/50d confluence.. over it.. last one to leave.. please turn off the lights