DrStool Posted August 10, 2020 Report Share Posted August 10, 2020 2-3 day cycle projection now 3363. Link to comment Share on other sites More sharing options...
DrStool Posted August 10, 2020 Author Report Share Posted August 10, 2020 12 hours ago, Jimi said: My older son starts 8th grade in a few weeks... remotely. I'm not among those who believe that there's going to be any quick vaccine solution to the current problem - I'd be happy to be proven wrong, but I think we're likely still deep in the covid-soup come next spring. Since positively everything in the US is politicized, including simple health stuff that might bring some measure of control to the pandemic as enjoyed elsewhere in the OECD, I'm not clear how any semblance of normalcy returns in a 12-month time frame. This is especially true with a Trump "reelection" or permanence under any set of scenarios. Which is to say, either Biden is inaugurated successfully in January 2021, and he shuts down the country for 6 weeks to break the spread (and that succeeds), or the further deterioration of quality of life stateside will continue to run its course. Driving the main boulevard near our house watching the "For Lease" signs propagate and then get dusty is a measure of on-going disnormality. So, I'm looking at boarding schools for the older son abroad... someplace - any place - where he might avoid Zoom and carouse around like a teenager should in proximity to others. He's wicked smart - posted top scores in the region on national math-competitions - so he has options. We watched "Crazy Rich Asians" together about a month ago and he fell in love with the scenes of Singapore. "Great - go to boarding school in Singapore!" He's not ruled it out. The mismanagement here has been so extreme, and the prospects for indefinite mismanagement paired with authoritarianism make flight into difficult exile increasingly reasonable. It is so sad. I get so sad sometimes when I think about what's become acceptable... death, sickness, bailouts of the 1%. It is so unrelentingly sad. Yesterday, with Trump's unconstitutional decrees, and the news about his sabotage of the postal service, I really felt that he has the upper hand. I felt like crying all day. I crave normalcy, so this morning, I got up early, had breakfast, then went for a nice long walk around hot, sunny central Zagreb. Even did a little shopping for T-shirts, just to do something mundane and normal. Was nice. I really like this town. It's a bit shabby, but beautiful, and so European. My apartment couldn't possibly be in a better location. Link to comment Share on other sites More sharing options...
DrStool Posted August 10, 2020 Author Report Share Posted August 10, 2020 Part 2 https://www.instagram.com/p/CDmA2OrqScV/?utm_source=ig_web_button_share_sheet Link to comment Share on other sites More sharing options...
DrStool Posted August 10, 2020 Author Report Share Posted August 10, 2020 Pullback to bottom of hourly trend channel. 2 of 3 indicators on the sell side and the other is close. 2-3 day cycle projection still 3359. Link to comment Share on other sites More sharing options...
DrStool Posted August 10, 2020 Author Report Share Posted August 10, 2020 Double top with strong negative divergences on the hourly. Expect support break at 3345. Link to comment Share on other sites More sharing options...
DrStool Posted August 10, 2020 Author Report Share Posted August 10, 2020 14 minutes ago, DrStool said: Double top with strong negative divergences on the hourly. Expect support break at 3345. Might be a bad case of wishful thinking. Don't fight the tape if it breaks out above 3355. Link to comment Share on other sites More sharing options...
DrStool Posted August 10, 2020 Author Report Share Posted August 10, 2020 Fear of being wrong. Link to comment Share on other sites More sharing options...
DrStool Posted August 10, 2020 Author Report Share Posted August 10, 2020 Just took out the 3 day trendline. Link to comment Share on other sites More sharing options...
DrStool Posted August 10, 2020 Author Report Share Posted August 10, 2020 Multiple trendline convergence 3324-25 next Link to comment Share on other sites More sharing options...
DrStool Posted August 10, 2020 Author Report Share Posted August 10, 2020 Nice shakeout by the boyz to rebuild their book. Gonna take it higher and higher. Link to comment Share on other sites More sharing options...
BurntOnce Posted August 10, 2020 Report Share Posted August 10, 2020 the top is near when doc talks to himself. Link to comment Share on other sites More sharing options...
DrStool Posted August 10, 2020 Author Report Share Posted August 10, 2020 I predict 2:30 turn time in 12 minutes. Link to comment Share on other sites More sharing options...
DrStool Posted August 10, 2020 Author Report Share Posted August 10, 2020 2:30 turn time is now. Link to comment Share on other sites More sharing options...
DrStool Posted August 10, 2020 Author Report Share Posted August 10, 2020 I went long, so expect a false breakout. Link to comment Share on other sites More sharing options...
DrStool Posted August 10, 2020 Author Report Share Posted August 10, 2020 Out Link to comment Share on other sites More sharing options...
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