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I was hoping for a high in the afternoon (US time) and a fall into close.
Lets see what crookshour brings, but a high now would be perfect
Plan your trade, trade your plan!
Crookshour is here, so looking for a small up (for 5 to 10 mins) and then sell off.
8.30pm acceleration down will be deadly.
Plan your trade, trade your plan!
I think the market low will be today or
early doors thursday, then rally.Never give up, never surrender.
Interesting Chris.
We are still somewhat off the lows. SO my guess is you are predicting no retest of the lows.
Plan your trade, trade your plan!
More cases and new lockdown in China.
China being blamed for a cover up. That will p%ss them off even if it is true.
Cases yet to go parabolic in UK or US.
Firms were struggling prior to the virus.
Damage done to financials is yet to emerge.
I think it is a given we break March lows and some. 15k dow this month I reckon. Sell all rallies imo. Despite the sharp sell off I didn’t see or feel we ‘capitulated’ as such if you get what I mean. We need that for a decent sustained bottom to be in.
Interesting Chris.
We are still somewhat off the lows. SO my guess is you are predicting no retest of the lows.
Yes … should have said the ‘L’ of this week.
Never give up, never surrender.
More cases and new lockdown in China. China being blamed for a cover up. That will p%ss them off even if it is true. Cases yet to go parabolic in UK or US. Firms were struggling prior to the virus. Damage done to financials is yet to emerge. I think it is a given we break March lows and some. 15k dow this month I reckon. Sell all rallies imo. Despite the sharp sell off I didn’t see or feel we ‘capitulated’ as such if you get what I mean. We need that for a decent sustained bottom to be in.
LOL The biggest mustard bear known to mankind!
Plan your trade, trade your plan!
I have spent alot of time ensuring that the email delivery system works for subscribed topics.
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Plan your trade, trade your plan!
SPX short term: I mentioned the other day that this *might* be wave ‘a’ up complete and now in ‘b’ down. That certainly looks like the case at the moment. Notice from the chart that the plunge yesterday has all the hallmarks of being a ‘five’ and very likely a (c) down from the top pattern. The market finished at c = 1.618.
If this is all correct (which it might not be) SPX should now try to rally upwards to a new high above 2,640 and towards the overlap target at 2,730.
Clearly this can develop into anything. I do not confidence to take a position here.
Good Morning Cimac Hatman Captain Daniel San et al
Good Luck to us all
rgds
Zarif
Small droplets of rain turn into Rivers, Streams and Mighty Oceans
My bull / bear project had
Tuesday & Wednesday as bear
Monday Thursday Friday as a fight to controlTuesday was difficult due to EOM EOQ but the
rally was false and we got the bearish lean
on Wednesday.So I think the ‘L’ for this week is in and
we rally a la hatman chart.This will set the market ripe for another
run at this years low, all imho.Never give up, never surrender.
Morning all,couldnt have said it any better cim..im going with hatmans count here.fancy a day of choppy stop runs going into nfp’s tomorrow then ideally launching higher towards 2700+..it just doesnt feel like we’re ready to crash another few hundred handles.just gut instinct really.
Off up the bakery now..prepared for the usual 30 minute wait to get in,followed by a rushed conversation through a sheet of perspex.we wont forget 2020 in a hurry,thats for sure.Good morning Houd,
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Plan your trade, trade your plan!
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