aussiebear Posted August 6, 2019 Report Share Posted August 6, 2019 Panic selling on open but expecting some stabilization later in the day: Kiwis -2.1%, Aussies -2.6%, Japan -2.6%, Sth Korea -1.6%. In Aussie sectors, Gold is doing ok, +1.3% but the other sectors are down more than one percent with IT the worst off, -5.4%. All Ords http://www.abc.net.au/news/business/ Link to comment Share on other sites More sharing options...
aussiebear Posted August 6, 2019 Author Report Share Posted August 6, 2019 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted August 6, 2019 Author Report Share Posted August 6, 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 August 6, 2019 Author Report Share Posted August 6, 2019 http://www.engrish.com/2018/04/i-tried-to-ward-you/ Found in Japan. Link to comment Share on other sites More sharing options...
aussiebear Posted August 6, 2019 Author Report Share Posted August 6, 2019 All Ords 5-day chart http://bigcharts.mar...com/default.asp All Ords was definitely in bear mode today with a close of -2.4%. All sectors were down led by IT -3.9% and REITS/Healthcare -3.7%. Probably looking a small rebound tomorrow. Asia off the lows: China -1.6%, Hong Kong -0.7%, Japan -0.7%, India +0.8%. UK/Europe doing the bounce: FTSE +0.1%, DAX +0.6%, CAC +0.9%. http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted August 6, 2019 Author Report Share Posted August 6, 2019 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
DrStool Posted August 6, 2019 Report Share Posted August 6, 2019 The Rubicon is 2880 at 10 AM. 2878 at 11 AM. Then there's a second defensive line at 2887, that hour. Bulls have their work cut out. Know what's coming! Subscribe to Lee Adler's Liquidity Trader today. Choose the subscription plan that's right for you. 90 days risk free, money back guarantee to first time subscribers. Link to comment Share on other sites More sharing options...
PullMyFinger Posted August 6, 2019 Report Share Posted August 6, 2019 8 minute ES. Almost perfect 6/8 drop to overnight lows since 8/1 high. The 1 x 1 Gann fan line at about 2872-ish would be a great place to turn down and try to head toward 2812 or even the scene of the crime overnight at 2775, but let's see what happens at 2851.If it clears the 1 x 1 line up, if my math is correct, 2895-ish near the red 2/8 line would be a 50% retracement up off the lows.. Link to comment Share on other sites More sharing options...
PullMyFinger Posted August 6, 2019 Report Share Posted August 6, 2019 Another look--60 minute ES from Elliott Wave perspective. The blue hash mark line is about 2900. Most everything looks primed for 5th wave down soon, but that red PTI number at 31 gives me some pause. Frequently if it is less than 35 the result is a failed 5th wave or a double bottom. Link to comment Share on other sites More sharing options...
DrStool Posted August 6, 2019 Report Share Posted August 6, 2019 cusp of 2 day cycle sell signal here. Link to comment Share on other sites More sharing options...
Jimbo Posted August 6, 2019 Report Share Posted August 6, 2019 AMERICAN AIRLINES.......WHERE IS THE MISSING MARKET CAP????????????????? So South West has $22 Billion in sales and a market cap of $26 Billion. But AA has $44 billion is sales ...DOUBLE South Wests ......but only $13 Billion in market Cap.....HALF South Wests??? Thats right.......DOUBLE the SALES equals HALF the market cap. If AA were run like SW it should have FOUR TIMES the market cap.....$52 Billion. AA is MISSING $39 Billion in market capitalisation !!!!!!!!!!!!!!!! Where is it hiding?????? Link to comment Share on other sites More sharing options...
Jimbo Posted August 6, 2019 Report Share Posted August 6, 2019 ARE INDEX ETF's THE ENGINE'S OF PONZI VALUE CREATION Sadly Yes....because they are momentum funds. They are used as engines to push stock values above their actual reality prices. And so create large PONZI values in stocks. They take no account of VALUE only PRICE. And so push value and price apart. This will result in a reckoning for index ETF's one day. Link to comment Share on other sites More sharing options...
DrStool Posted August 6, 2019 Report Share Posted August 6, 2019 13 day cycle buy signal. But below the 2 day cycle signal lines. Link to comment Share on other sites More sharing options...
DrStool Posted August 6, 2019 Report Share Posted August 6, 2019 3 day cycle projection 2886-90. Know what's coming! Subscribe to Lee Adler's Liquidity Trader today. Choose the subscription plan that's right for you. 90 days risk free, money back guarantee to first time subscribers. Link to comment Share on other sites More sharing options...
DrStool Posted August 6, 2019 Report Share Posted August 6, 2019 Daily cycle indicators all set up for a breakout through this double top. Breakout would have clearance to 2900. Failure would be nasty. Know what's coming! Subscribe to Lee Adler's Liquidity Trader today. Choose the subscription plan that's right for you. 90 days risk free, money back guarantee to first time subscribers. Link to comment Share on other sites More sharing options...
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