DrStool Posted August 18, 2020 Report Share Posted August 18, 2020 Bulls are a stubborn lot. Chart not loading. I'll be back. Link to comment Share on other sites More sharing options...
DrStool Posted August 18, 2020 Author Report Share Posted August 18, 2020 Link to comment Share on other sites More sharing options...
DrStool Posted August 18, 2020 Author Report Share Posted August 18, 2020 What does this hourly chart of the ES futures tell us? Well clearly, we're playing for all the marbles here. This is a huge consolidation pattern on the hourly bars. It looks as though a breakout would trigger a huge move. But watch out. If they get through 3388 there's resistance at 3393. A reversal there that returns the price below 3388 could be a huge break for the bears. But if they go through that? Ah! That's the key. Then we're looking at about 3406 by the end of today. For a weekly look at the bigger picture, with specific stock trade ideas, check out Liquidity Trader's Technical Trader service 90 day risk free trial. https://wallstreetexaminer.com/2020/08/if-at-first-they…-succeed-8-18-20/ Link to comment Share on other sites More sharing options...
jp6 Posted August 18, 2020 Report Share Posted August 18, 2020 Where would You Put Your Money? MA ribbons are pointing up and It's just the beginning. I would add more Gold once we get the correction starting in September. Gold should make it to $2100-$2150 by then SPX or Gold, GDX? Link to comment Share on other sites More sharing options...
aussiebear Posted August 18, 2020 Report Share Posted August 18, 2020 All Ords looking extremely bullish to me .. major breakout about to happen? Link to comment Share on other sites More sharing options...
jp6 Posted August 18, 2020 Report Share Posted August 18, 2020 1 minute ago, aussiebear said: All Ords looking extremely bullish to me .. major breakout about to happen? Trade war with China? Will Australia go with USA or China? It could Be A Up B Consolidation C break up Or Break Down Link to comment Share on other sites More sharing options...
aussiebear Posted August 18, 2020 Report Share Posted August 18, 2020 Trade war with China already happening .. Quote China has launched an anti-dumping investigation into Australian wine exports, as trade tensions between Beijing and Canberra continue to escalate. Wine is the third Australian industry to be hit by China this year, with beef and barley exports already facing trade sanctions. https://www.abc.net.au/news/2020-08-18/china-launches-investigation-into-australian-wine-exports/12569640 Link to comment Share on other sites More sharing options...
jp6 Posted August 18, 2020 Report Share Posted August 18, 2020 8 minutes ago, aussiebear said: Trade war with China already happening .. It's Just the beginning and it will extend to many other things. It's not going to end until there is a clear winner. Link to comment Share on other sites More sharing options...
DrStool Posted August 18, 2020 Author Report Share Posted August 18, 2020 Holy shit. The euro hit $1.20. Link to comment Share on other sites More sharing options...
DrStool Posted August 18, 2020 Author Report Share Posted August 18, 2020 I'm feeling really squeezed. Link to comment Share on other sites More sharing options...
DrStool Posted August 18, 2020 Author Report Share Posted August 18, 2020 If I thought it was thin yesterday, that was nothing compared to this morning. Link to comment Share on other sites More sharing options...
DrStool Posted August 18, 2020 Author Report Share Posted August 18, 2020 TD Ameritrade's desktop trading platform has been down all of yesterday, and again this morning. Not good. What's with their purchase by Swab. Link to comment Share on other sites More sharing options...
DrStool Posted August 18, 2020 Author Report Share Posted August 18, 2020 Like they said yesterday. Never dong a dull market. Link to comment Share on other sites More sharing options...
jp6 Posted August 18, 2020 Report Share Posted August 18, 2020 Crash is going to come when no one is expecting and fully on board Fed Gravy train. Link to comment Share on other sites More sharing options...
DrStool Posted August 18, 2020 Author Report Share Posted August 18, 2020 Crashes are often well telegraphed. Link to comment Share on other sites More sharing options...
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