DrStool Posted December 17, 2018 Report Share Posted December 17, 2018 Bounce here, then sink to lower low for 10:30 turn time. Link to comment Share on other sites More sharing options...
sandy beach Posted December 17, 2018 Report Share Posted December 17, 2018 I gotta run. Enjoy this market everyone! Link to comment Share on other sites More sharing options...
DrStool Posted December 17, 2018 Report Share Posted December 17, 2018 Looks like a 5 day cycle low. 2585 is support. Bent but not broken. Could it beee-eee-eee... an up day? Link to comment Share on other sites More sharing options...
JonLaw Posted December 17, 2018 Report Share Posted December 17, 2018 Looks like an up day. This seems like a relatively well-behaved bear market so far. Link to comment Share on other sites More sharing options...
MisFit Kid Posted December 17, 2018 Report Share Posted December 17, 2018 49 minutes ago, JonLaw said: Looks like an up day. This seems like a relatively well-behaved bear market so far. Link to comment Share on other sites More sharing options...
fxfox Posted December 17, 2018 Report Share Posted December 17, 2018 Crash will happen when no one expects it, not even us. Link to comment Share on other sites More sharing options...
DrStool Posted December 17, 2018 Report Share Posted December 17, 2018 new 2 day cycle projection 2546. 5 day cycle low has failed. 5 day cycle projection 2515. Crashes happen when apparent bottoms fail to hold. Link to comment Share on other sites More sharing options...
DrStool Posted December 17, 2018 Report Share Posted December 17, 2018 I have been warning of a crash in the November-December window for several months. The preconditions and conditions are ripe. 2540 and 2533 are obviously critical. If they don't hold, then this is probably it. The idea that crashes can't be predicted is rubbish. They all have common technical setups. True, not all crash setups play out, but some do. I was all over the September 2008 crash. The setup was very clear and so was this one. Link to comment Share on other sites More sharing options...
JonLaw Posted December 17, 2018 Report Share Posted December 17, 2018 32 minutes ago, DrStool said: I have been warning of a crash in the November-December window for several months. The preconditions and conditions are ripe. 2540 and 2533 are obviously critical. If they don't hold, then this is probably it. The idea that crashes can't be predicted is rubbish. They all have common technical setups. True, not all crash setups play out, but some do. I was all over the September 2008 crash. The setup was very clear and so was this one. That's just silly. Everyone knows that crashes are mysterious financial events that appear from nowhere. Link to comment Share on other sites More sharing options...
DrStool Posted December 17, 2018 Report Share Posted December 17, 2018 Isn't it amazing that a 48 point decline feels orderly. Link to comment Share on other sites More sharing options...
fxfox Posted December 17, 2018 Report Share Posted December 17, 2018 4 minutes ago, DrStool said: Isn't it amazing that a 48 point decline feels orderly. Yes and it really feels exactly like that. Quite scary. Link to comment Share on other sites More sharing options...
sandy beach Posted December 17, 2018 Report Share Posted December 17, 2018 2532.69 would put us right back at the zero fibo and February 9th low. Absolutely no sign of short covering. This is wholesale liquidation so far. Link to comment Share on other sites More sharing options...
DrStool Posted December 17, 2018 Report Share Posted December 17, 2018 We are 7 points away from the February low. Link to comment Share on other sites More sharing options...
DrStool Posted December 17, 2018 Report Share Posted December 17, 2018 2 day cycle projection 2520. Link to comment Share on other sites More sharing options...
DrStool Posted December 17, 2018 Report Share Posted December 17, 2018 6 Link to comment Share on other sites More sharing options...
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