aussiebear Posted August 23, 2018 Report Share Posted August 23, 2018 Limited action from the early openers: Kiwis -0.3%, Aussies +0.1%, Japan and Sth Korea +0.2%.In Aussie sectors, Telecomms having another big day, +3.6% followed by IT +2.1%, Miners +1,5% and Materials +1%. Utilities -1.7% is down the most. All Ords http://www.abc.net.au/news/business/ Link to comment Share on other sites More sharing options...
aussiebear Posted August 23, 2018 Author Report Share Posted August 23, 2018 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted August 23, 2018 Author Report Share Posted August 23, 2018 http://money.cnn.com...s/morning_call/http://www.kitco.com http://www.kitconet....ase_metals.html Link to comment Share on other sites More sharing options...
aussiebear Posted August 23, 2018 Author Report Share Posted August 23, 2018 http://www.engrish.com/2017/07/come-on-flash-us/ Found in China. Link to comment Share on other sites More sharing options...
aussiebear Posted August 23, 2018 Author Report Share Posted August 23, 2018 http://bigcharts.mar...com/default.asp All Ords didn't really go anywhere for the rest of the day. The index closed -0.2% with sectors equally divided and ranging from Telecomms +1.9% down to Utilities -3%.Over in Asia, China +0.4%, Hong Kong -0.5%, Japan +0.2%, India currently +0.2%.UK/Europe looking perky: FTSE +0.2%, DAX +0.1%, CAC +0.3%. http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted August 23, 2018 Author Report Share Posted August 23, 2018 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
DrStool Posted August 23, 2018 Report Share Posted August 23, 2018 Trendline convergence at 2859 holds. Path of least resisitance is up at the moment. If they get through DTL at 2865, path of least resistance would be up, to next covergence around 2870. If they don't clear 2865, then they'll get squeezed toward triangle apext at 2862 at 2-3 PM. Link to comment Share on other sites More sharing options...
DrStool Posted August 23, 2018 Report Share Posted August 23, 2018 Support lines are broken. Next is at 2852. Link to comment Share on other sites More sharing options...
DrStool Posted August 23, 2018 Report Share Posted August 23, 2018 5 day cycle projection 2847. Link to comment Share on other sites More sharing options...
DrStool Posted August 23, 2018 Report Share Posted August 23, 2018 3 day cyclr projection 2854. 2 day 2848. Something for everyone. Take your pick. Link to comment Share on other sites More sharing options...
DrStool Posted August 23, 2018 Report Share Posted August 23, 2018 Yesterday and today's double bottom look like a powerful bullish setup. Let's see how far they get with it. First obstacle 2862-64. These tiny moves may look like hair splitting, but I think they're pivotal to the bigger picture. Link to comment Share on other sites More sharing options...
DrStool Posted August 23, 2018 Report Share Posted August 23, 2018 Just so you know. The backup for the conversion is now running. So anything you post for the rest of today may not make it to the new install. Best to just hold off further comments if you have anything brilliant for the ages. We can resume when the new board is in either later today or in the morning. Link to comment Share on other sites More sharing options...
Jorma Posted August 23, 2018 Report Share Posted August 23, 2018 It looks to me like nobody's selling except the occasional short. Which will help one more bolt upwards before Labor Day. It's would be gross malpractice to not have ATH on the DOW and S&P on Sept 31. That or a stab in the back, like January 30th. Link to comment Share on other sites More sharing options...
DrStool Posted August 23, 2018 Report Share Posted August 23, 2018 OK, here we go. Link to comment Share on other sites More sharing options...
DrStool Posted August 23, 2018 Report Share Posted August 23, 2018 I guarantee that it will not happen on September 31! Link to comment Share on other sites More sharing options...
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