DrStool Posted October 12, 2018 Report Share Posted October 12, 2018 Below 2749 would confirm 2 day cycle down phase. 5 day cycle low due today or Monday. Cycle projection 2720, already done. Link to comment Share on other sites More sharing options...
sandy beach Posted October 12, 2018 Report Share Posted October 12, 2018 Heading to the gym! Congrats to those of you who made a killing this week! Link to comment Share on other sites More sharing options...
specie Posted October 12, 2018 Report Share Posted October 12, 2018 Do even the bears realize the potential here? Link to comment Share on other sites More sharing options...
DrStool Posted October 12, 2018 Report Share Posted October 12, 2018 down 33 since the AM high. Market moves in big chunks now. There's no liquidity. Link to comment Share on other sites More sharing options...
specie Posted October 12, 2018 Report Share Posted October 12, 2018 Um........ spoo futures are now negative for the day Link to comment Share on other sites More sharing options...
DrStool Posted October 12, 2018 Report Share Posted October 12, 2018 5 day cycle oscillator is useless with this kind of volatility. This will become the norm. In fact, it will get worse as the Fed continues the bloodletting and Treasury overwhelms the market with supply. Link to comment Share on other sites More sharing options...
DrStool Posted October 12, 2018 Report Share Posted October 12, 2018 Market bounced off upper crash channel line that it broke out of this morning. This is according to Hoyle. New crash trendline is now at 2757. If they can't approach that, let alone break it, this will devolve quickly into an unmitigated disaster. Link to comment Share on other sites More sharing options...
specie Posted October 12, 2018 Report Share Posted October 12, 2018 Dble bottom painted 2728 Link to comment Share on other sites More sharing options...
DrStool Posted October 12, 2018 Report Share Posted October 12, 2018 Triangulating. Needs to clear 2760 in 2 PM hour for upside breakout. Anything less should lead to downside breakout at 2735. Would be catastrophic. Link to comment Share on other sites More sharing options...
Jorma Posted October 12, 2018 Report Share Posted October 12, 2018 Black Fridays and Black Mondays have to be on the radar. You have to be a little short. That said there is nothing overt in the markets that I see that says there is some liquidity freeze ups going on. Just the slow bleed. Link to comment Share on other sites More sharing options...
DrStool Posted October 12, 2018 Report Share Posted October 12, 2018 2 day cycle projection 2707. Link to comment Share on other sites More sharing options...
DrStool Posted October 12, 2018 Report Share Posted October 12, 2018 20 minutes ago, Jorma said: That said there is nothing overt in the markets that I see that says there is some liquidity freeze ups going on. No. Just the Dow being down 1500 points in 2 days. Nothing to see here. ? Link to comment Share on other sites More sharing options...
Jorma Posted October 12, 2018 Report Share Posted October 12, 2018 1 hour ago, DrStool said: No. Just the Dow being down 1500 points in 2 days. Nothing to see here. ? Before they stopped happening 5% corrections didn't portend systematic liquidity issues, usually. It's just what auction markets do, usually. Link to comment Share on other sites More sharing options...
DrStool Posted October 12, 2018 Report Share Posted October 12, 2018 PPT emergency meeting. Link to comment Share on other sites More sharing options...
DrStool Posted October 12, 2018 Report Share Posted October 12, 2018 5 minutes ago, Jorma said: Before they stopped happening 5% corrections didn't portend systematic liquidity issues, usually. It's just what auction markets do, usually. 5% moves in 2 days were pretty rare and when they happened were usually associated with liquidity crunches as I recall. Link to comment Share on other sites More sharing options...
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