fxfox Posted December 26, 2018 Report Share Posted December 26, 2018 We are too far away from the hourly EMA200, which shows that we had something like a crash last few days. Have to go to the 200 and then starting next leg down again. Link to comment Share on other sites More sharing options...
DrStool Posted December 26, 2018 Report Share Posted December 26, 2018 2 day cycle projection 2408. 3 day 2412! Link to comment Share on other sites More sharing options...
DrStool Posted December 26, 2018 Report Share Posted December 26, 2018 Both essentially done. Link to comment Share on other sites More sharing options...
DrStool Posted December 26, 2018 Report Share Posted December 26, 2018 Multiple trendline resistance convergence at 2410 on the hourly this hour. Link to comment Share on other sites More sharing options...
DrStool Posted December 26, 2018 Report Share Posted December 26, 2018 I have a bad feeling about this rally. Could be brutal. The market is extremely thin. Once the short covering gets on a roll... Link to comment Share on other sites More sharing options...
DrStool Posted December 26, 2018 Report Share Posted December 26, 2018 Next resistance 2417. If they clear that, 2 day cycle projection would be 2450. Link to comment Share on other sites More sharing options...
sandy beach Posted December 26, 2018 Report Share Posted December 26, 2018 SOXL now up over 8% and not breaking a sweet. Could go to 12% today - what trade tariffs??? Link to comment Share on other sites More sharing options...
Jorma Posted December 26, 2018 Report Share Posted December 26, 2018 I see on the weekly chart that the high of UVXY, adjusted for splits of course was 244.8 million. Link to comment Share on other sites More sharing options...
fxfox Posted December 26, 2018 Report Share Posted December 26, 2018 14 minutes ago, DrStool said: I have a bad feeling about this rally. Could be brutal. The market is extremely thin. Once the short covering gets on a roll... Yep. There shouldn‘t be much volume till Jan 2. „They“ are already at The Hamptons or the Islands or whereever. The „them“ of course working like berserks right now. Link to comment Share on other sites More sharing options...
DrStool Posted December 26, 2018 Report Share Posted December 26, 2018 2 day cycle projection now is 2450. I' not buyin it. Link to comment Share on other sites More sharing options...
DrStool Posted December 26, 2018 Report Share Posted December 26, 2018 It's miserable in the Hamptons this time of year. They're in the Caribbean or Palm Beach. Link to comment Share on other sites More sharing options...
DrStool Posted December 26, 2018 Report Share Posted December 26, 2018 Some people I know are in the South of France, where it is perpetual Spring this time of year. What a gorgeous, cool sunny day today. But after walking for 2 hours, I worked up a pretty good sweat. Link to comment Share on other sites More sharing options...
DrStool Posted December 26, 2018 Report Share Posted December 26, 2018 21 minutes ago, DrStool said: 2 day cycle projection now is 2450. I' not buyin it. Pulls back to 2432 now Link to comment Share on other sites More sharing options...
DrStool Posted December 26, 2018 Report Share Posted December 26, 2018 2415-2420 should be formidable resistance. ST very bullish if cleared. V bearish if not. Link to comment Share on other sites More sharing options...
DrStool Posted December 26, 2018 Report Share Posted December 26, 2018 There may be very little stock for sale between 2420 and 2500. PPT knows this. Link to comment Share on other sites More sharing options...
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