Cobra wrote:tinted area is the bearish 1-2-3 text book target. I see volume surge here so let's see the next bar. the 1-2-3 formation failure rates are very high.
now i know, it is not jet lag. it is the 123 pattern giving me a morning call. cobra is saying bad words about 123 during my absence.
best case scenario, es to be rejected at 1182 then heading toward 1170. then overnight clear 1160 area for tomorrow.
Sorry, I thought you ware not here today.
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another 2 bar reversal with follow through, volume surge, so the low might be in.
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StrikePrice wrote:Looks like post 10:30 we made a 3-3-5 Flat. I think we're making a triangle for 4 of the 5 of Wave C. Then I think we challenge 1199.
Oh. and best if we close below 118 to give bears hope this up is over.
Incredible, they gonna short this down to the opening px? Tick lowest on day (bear)
Nyadv drops BUT NOT LIKE A STONE it is still 2700 (quite respectable “bull”)
unless nyadv starts dropping precipitiously, short-covering-weasel-bears could easily resume bull run
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
i am remote-access to my home computer. the bad part is i cannot see the jing icon. before i figure things out, no charts.
anyway i smell 5 point for the next movement. if down then my best case can still play out.
The goal is not uniformity. It is understanding and idea exchange.
very strong bull bar. now a little resistance here.
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Cobra wrote:tinted area is the bearish 1-2-3 text book target. I see volume surge here so let's see the next bar. the 1-2-3 formation failure rates are very high.
now i know, it is not jet lag. it is the 123 pattern giving me a morning call. cobra is saying bad words about 123 during my absence.
best case scenario, es to be rejected at 1182 then heading toward 1170. then overnight clear 1160 area for tomorrow.
Sorry, I thought you ware not here today.
i live here.
guess what i eat for dinner? snake!!! too many bones. not sure how to eat it. but the soup tastes good
The goal is not uniformity. It is understanding and idea exchange.
Coming back to check what will be going on in the last 15 min of trading. Looks we just had a little "correction". Missed it to add more longs, but that's ok.
Cobra wrote:tinted area is the bearish 1-2-3 text book target. I see volume surge here so let's see the next bar. the 1-2-3 formation failure rates are very high.
now i know, it is not jet lag. it is the 123 pattern giving me a morning call. cobra is saying bad words about 123 during my absence.
best case scenario, es to be rejected at 1182 then heading toward 1170. then overnight clear 1160 area for tomorrow.
Sorry, I thought you ware not here today.
i live here.
guess what i eat for dinner? snake!!! too many bones. not sure how to eat it. but the soup tastes good
, next time try my big brother, I'm sure it'll be tasty.
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Considering the Trading Markets TPS strategy:
1 day above RSI(2) = 75
2 nd day above RSI(2) = 75 then buy 10%
3 rd day etc. etc
10, 20, 30, 40%
Then sell when RSI(2) < 30.
OK, so what happens when there is an intervening close below RSI(2) = 75 (as just happend)
Would today's close count as the 20% entry day?
Swing to Intermediate SPX Analysis - multiple time frame - Daily & 60 min time and price cycle analysis.
Usually trade SSO / SDS
soku wrote:i am remote-access to my home computer. the bad part is i cannot see the jing icon. before i figure things out, no charts.
anyway i smell 5 point for the next movement. if down then my best case can still play out.
too bad the 5 point is to the up side. now the structure is slightly different.
i guess we will wait for the chinese to determine how good the bank stock purchase is. i am not holding anything for today.
The goal is not uniformity. It is understanding and idea exchange.
nothing to say, 10 min to go, I said low was in. let's see how market closes today, should be pretty much guarantee another higher high tomorrow.
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