DrStool Posted August 20, 2020 Report Share Posted August 20, 2020 The kerplunk herd round the world. Pun intended. 5 day cycle projection 3345. Done. Hourly indicators are back on the buy side deep in the wee hours in New York. Traders there usually start waking up at their screens around 6 AM. So we'll see what happens then. Link to comment Share on other sites More sharing options...
DrStool Posted August 20, 2020 Author Report Share Posted August 20, 2020 3365 is now resistance. For the time being. Link to comment Share on other sites More sharing options...
DrStool Posted August 20, 2020 Author Report Share Posted August 20, 2020 And just like that, smashed at 3365. Link to comment Share on other sites More sharing options...
DrStool Posted August 20, 2020 Author Report Share Posted August 20, 2020 Rebounding from higher low now. Top of downtrend channel 3362 now. 3360 in the hour ending 6 AM in NY. Link to comment Share on other sites More sharing options...
DrStool Posted August 20, 2020 Author Report Share Posted August 20, 2020 Another attack on 3365. Pre market moment of truth as sleepy eyed US traders get to their screens. Link to comment Share on other sites More sharing options...
DrStool Posted August 20, 2020 Author Report Share Posted August 20, 2020 Whacked again but uptrend channel established. Low at 3353 in opening half hour. Link to comment Share on other sites More sharing options...
SiP Posted August 20, 2020 Report Share Posted August 20, 2020 USD in general is getting some mojo. getting stronger. Look at AUDUSD and many other crosses. Maybe we could get some sell-off. Still holding those shorts. 3330 ES is the real test. now is just a blip. Link to comment Share on other sites More sharing options...
DrStool Posted August 20, 2020 Author Report Share Posted August 20, 2020 Speaks for itself. Link to comment Share on other sites More sharing options...
DrStool Posted August 20, 2020 Author Report Share Posted August 20, 2020 Russian opposition leader got poisoned yesterday. What a terrible accident. Link to comment Share on other sites More sharing options...
DrStool Posted August 20, 2020 Author Report Share Posted August 20, 2020 Bottom of up channel. Interesting to see if this breaks. More interesting if the bounce off the overnight low is weak. 5 day cycle projection starting to look like 3335. Link to comment Share on other sites More sharing options...
DrStool Posted August 20, 2020 Author Report Share Posted August 20, 2020 Edging below that lower trendline now. Link to comment Share on other sites More sharing options...
DrStool Posted August 20, 2020 Author Report Share Posted August 20, 2020 Something is very wrong if there's a big, broad selloff now. Something hidden, and big, that I haven't accounted for. The bearish period wasn't due to start until after today. Look Out! Liquidity Turns Bearish in Late August 1 - LIQUIDITY TRADER AUGUST 18, 2020 The forecast has changed. It’s less bearish, but it’s still bearish. Here’s why. Subscribers, click here to download the report Not a subscriber yet? Get this report and access to all past and future reports risk free for 90 days! Link to comment Share on other sites More sharing options...
DrStool Posted August 20, 2020 Author Report Share Posted August 20, 2020 I just can't read my Twitter feed any more. Too upsetting. Meanwhile, nice bounce from bottom of channel. Link to comment Share on other sites More sharing options...
BurntOnce Posted August 20, 2020 Report Share Posted August 20, 2020 we need an index that excludes the fab6 tech giants. otherwise shorting s+pee is futile. Link to comment Share on other sites More sharing options...
DrStool Posted August 20, 2020 Author Report Share Posted August 20, 2020 Failed breakout and a trend break on the 1 day uptrend. Link to comment Share on other sites More sharing options...
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