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aussiebear

World Stock Markets Trading Discussion - Robust rattling

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The last 3 months were tough. But I was just early, as usual. 

Phew.  

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Crash channel support, 2720. If that line breaks, SPX could move in chunks of 20-40 points at a time to around 2460. 

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5 day cycle projection now 2661. I just report the vector. They only get hit 70% of the time.  

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Dow dropped 700 points in  2 hours 20 minutes and rebounded 250 points in 20 minutes. Kewl. 

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Could rally back to 2758 without breaking out of crash channel. 

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If they clear that, should start to see some pretty ferocious short covering. 

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Yesterday the biggest red candle came in the last hour.

Wonder what today will look like

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I wouldn't know. My streaming charts stopped streaming. 

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