aussiebear Posted January 8, 2019 Report Share Posted January 8, 2019 Up and away again for the early openers: Kiwis +0.2%, Aussies +0.4%, Japan +0.9% and Sth Korea +0.2%. Mostly up for Aussie sectors: Telecomms +1.8%, Healthcare +1.4% and IT +1.1% with Gold down the most, -1%. All Ords http://www.abc.net.au/news/business/ Link to comment Share on other sites More sharing options...
aussiebear Posted January 8, 2019 Author Report Share Posted January 8, 2019 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted January 8, 2019 Author Report Share Posted January 8, 2019 http://money.cnn.com...s/morning_call/ 24 hr Gold http://www.kitco.com http://www.kitconet....ase_metals.html http://www.kitconet.com/indexes.html Link to comment Share on other sites More sharing options...
aussiebear Posted January 8, 2019 Author Report Share Posted January 8, 2019 http://www.engrish.com/2017/02/are-they-magic-beans/ Menu spotted in Guangxi, China. Link to comment Share on other sites More sharing options...
aussiebear Posted January 8, 2019 Author Report Share Posted January 8, 2019 All Ords 5-day chart http://bigcharts.mar...com/default.asp All Ords wavered off into the ether to finish +0.7%. IT +1.8% and Telecomms +1.5% gained the most with Gold the only down sector, -1.6%. Over in Asia, China -0.3%, Hong Kong +0.2%, Japan +0.8%, India currently +0.2%. UK/Europe bounding out of the starting box: FTSE +0.5%, DAX +0.3%, CAC +0.5%. http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted January 8, 2019 Author Report Share Posted January 8, 2019 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
sandy beach Posted January 8, 2019 Report Share Posted January 8, 2019 S&P sitting around the 38.2% Fibo from the Oct market high right here in the mid-2770's. The 50% fibo is very close to the 50-day MA and strong horizontal resistance @ about 2640. Link to comment Share on other sites More sharing options...
DrStool Posted January 8, 2019 Report Share Posted January 8, 2019 Ohmagawd. It's a CRASH. If you don't believe me, check out the chart at the top of the right sidebar. By the way, I changed the default to a real time reading of the SPX. Link to comment Share on other sites More sharing options...
Morpheus Posted January 8, 2019 Report Share Posted January 8, 2019 3 hours ago, sandy beach said: S&P sitting around the 38.2% Fibo from the Oct market high right here in the mid-2770's. The 50% fibo is very close to the 50-day MA and strong horizontal resistance @ about 2640. There is a nice Fibo confluence of resistance there of both large and smaller degree waves down. Also this wave up has a nice A-B-C structure with A=C and a messy expanding triangle for B taking it right to the same level. Gives this a good shot at being the turning point back down. Still holding everything short except the biotech BIS closed with a nice gain. Oh add that is fufilled backtesting the wave 4 area another EW rule. Link to comment Share on other sites More sharing options...
sandy beach Posted January 8, 2019 Report Share Posted January 8, 2019 Thanks for the charts Doc and Morph! Link to comment Share on other sites More sharing options...
Jorma Posted January 8, 2019 Report Share Posted January 8, 2019 I know it's stupid but fear any market substantiation of our national drama queen. Link to comment Share on other sites More sharing options...
fxfox Posted January 8, 2019 Report Share Posted January 8, 2019 24 minutes ago, Jorma said: I know it's stupid but fear any market substantiation of our national drama queen. He will apoint Hulk Hogan as new Secretary of State btw, R.I.P. Mean Gene Okerlund Link to comment Share on other sites More sharing options...
DrStool Posted January 8, 2019 Report Share Posted January 8, 2019 2 day cycle projection 2535. I'm shepticle. Link to comment Share on other sites More sharing options...
MisFit Kid Posted January 8, 2019 Report Share Posted January 8, 2019 and another just by the dip day spx goes red, then buying blows it all higher Link to comment Share on other sites More sharing options...
DrStool Posted January 8, 2019 Report Share Posted January 8, 2019 Yep. 2 day cycle projection is now 2575. Link to comment Share on other sites More sharing options...
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