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Outstanding reminders, thanks DR AL!Al_Dente wrote:Improve your consistency
http://www.kirkreport.com/2013/05/18/im ... 6criL.dpbs
Thx for the links xfradnex, i posted them in my doom cornerxfradnex wrote: Looks like the bubble could pop at any time based on Dougie's chart
http://advisorperspectives.com/dshort/c ... e-1980.gif
and more doom:
http://www.bloomberg.com/video/is-the-u ... BT2eQ.html
here is 3 minute iwm candle volume...a bit distorted to wait and act? on info that was mostly disseminated end of May...Cobra wrote:Some saying the sharp sell off before the close is due to Russell 3000 re-balance. I'm not convinced, because this means it should happen June last day ever year, or some saying every quarter last day. Well, here're chars with the last trading day of the quarter highlighted. I don't see sharp sell off at all. Why is today so special?
good stuff. one idea i would add is that everyone judges everything by their base mental state. functionally they figure "it's normal to feel like i do--to trade like i do and so on". they esp do this with ideas like consistency and simplicity. So the real issue to get is that one's existing state (the starting point) is off by a factor of 100 to 1000 from . . .lets call it optimal. if you get this idea you will start to see that you have to overbalance many times over in the direction of the thing you are trying to learn.joegamma wrote:Outstanding reminders, thanks DR AL!Al_Dente wrote:Improve your consistency
http://www.kirkreport.com/2013/05/18/im ... 6criL.dpbs
XIV is still in buy mode short term above 5 dma but resistance at 20 dma and chart pattern. I would wait for clean turn down like bearish cross on histogram or Vixies under its ma as show on hourly chart before I can be bearish on it. bigger picture I am bearish on its price moving forward due to $VIX CCI reading is still in the sell zone.KeiZai wrote:DAX analogy: same structure, same trendline angles but the divergence is not there
blue line looks to be key ES: Are we done with weekly hammer? I dont know but 1470 would be christmas gift Question for BB, whats your reading on XIV? Backtest or could be done?
Thanks BB, here is GS update...I think she is toppish in bigger picture one more low and there is a clear 5wave structure (note to newbies 5wave structure is "always" followed by at least another 5waves after retrace - C or 3) : 10th chart viewtopic.php?f=2&t=909&p=129489#p129489BullBear52x wrote:XIV is still in buy mode short term above 5 dma but resistance at 20 dma and chart pattern. I would wait for clean turn down like bearish cross on histogram or Vixies under its ma as show on hourly chart before I can be bearish on it. bigger picture I am bearish on its price moving forward due to $VIX CCI reading is still in the sell zone.KeiZai wrote:DAX analogy: same structure, same trendline angles but the divergence is not there
blue line looks to be key ES: Are we done with weekly hammer? I dont know but 1470 would be christmas gift Question for BB, whats your reading on XIV? Backtest or could be done?
Cool here is second sell on JPM that I got.KeiZai wrote:BullBear52x wrote:KeiZai wrote:D
Thanks BB, here is GS update...I think she is toppish in bigger picture one more low and there is a clear 5wave structure (note to newbies 5wave structure is "always" followed by at least another 5waves after retrace - C or 3) : 10th chart viewtopic.php?f=2&t=909&p=129489#p129489