DrStool Posted October 13, 2020 Report Share Posted October 13, 2020 The little overnight pullback hasn't amounted to much here at 4:30 AM ET. The uptrend ran into resistance yesterday, but the current iteration of the hourly uptrend remains intact. It would need to end the 5-6 AM hour below 3515 to break anything. That trendline rises to 3525 in the market opening half hour. I have no new 2-3 day or 5 day cycle projections yet. Yesterday's rally met all the upside projections. But if the market shifts into trending mode, which it appears to be doing, then it will keep going up without oscillating enough to extract projections. On the 30 minute chart, you can plainly see the flying dragon formation with all its fearsome implications. This is truly one of the most famous and most feared chart patterns of them all. God help us all. Link to comment Share on other sites More sharing options...
DrStool Posted October 13, 2020 Author Report Share Posted October 13, 2020 Of course the fact that nobody bothered to post yesterday--no one even bothered to look--is also pregnant with possibilities. It's like maybe the opposite of when FxFox shows up. 😄 Link to comment Share on other sites More sharing options...
DrStool Posted October 13, 2020 Author Report Share Posted October 13, 2020 Seems like the flying dragon wants to go for 3550. Link to comment Share on other sites More sharing options...
DrStool Posted October 13, 2020 Author Report Share Posted October 13, 2020 Messy, eh? Link to comment Share on other sites More sharing options...
BurntOnce Posted October 13, 2020 Report Share Posted October 13, 2020 they're turning into zombies! “I leave the room and I can’t remember what the patient just said,” https://www.nytimes.com/2020/10/11/health/covid-survivors.html Link to comment Share on other sites More sharing options...
DrStool Posted October 13, 2020 Author Report Share Posted October 13, 2020 I have become a virtual hermit as a result of the virus and being in a country where I know virtually no one. All I do is work, develop a trading system to skim profits without working, and test it. With a measure of success, I might add. What was I saying? Link to comment Share on other sites More sharing options...
DrStool Posted October 13, 2020 Author Report Share Posted October 13, 2020 Should have known that no posts and no one showing up yesterday was the top. Best contrary indicator there is. And when we have tons of posts and views, it's the bottom. Especially if Foxy shows up. 😄 Link to comment Share on other sites More sharing options...
DrStool Posted October 13, 2020 Author Report Share Posted October 13, 2020 However, it's too early in the day for a sustained selloff. Since it can't happen this early, it will happen, Everything is opposite. Link to comment Share on other sites More sharing options...
DrStool Posted October 13, 2020 Author Report Share Posted October 13, 2020 Tooth hurty nine turn time. Link to comment Share on other sites More sharing options...
BreakOut Posted October 13, 2020 Report Share Posted October 13, 2020 9 hours ago, DrStool said: Of course the fact that nobody bothered to post yesterday--no one even bothered to look--is also pregnant with possibilities. It's like maybe the opposite of when FxFox shows up. 😄 i didn’t log in, but I did look. Link to comment Share on other sites More sharing options...
BreakOut Posted October 13, 2020 Report Share Posted October 13, 2020 Complacency is off the charts. Link to comment Share on other sites More sharing options...
Jorma Posted October 13, 2020 Report Share Posted October 13, 2020 1 hour ago, BurntOnce said: they're turning into zombies! “I leave the room and I can’t remember what the patient just said,” https://www.nytimes.com/2020/10/11/health/covid-survivors.html Bullish Link to comment Share on other sites More sharing options...
DrStool Posted October 13, 2020 Author Report Share Posted October 13, 2020 Call me long dong schlong Link to comment Share on other sites More sharing options...
DrStool Posted October 13, 2020 Author Report Share Posted October 13, 2020 18 minutes ago, BreakOut said: i didn’t log in, but I did look. 😄 Link to comment Share on other sites More sharing options...
DrStool Posted October 13, 2020 Author Report Share Posted October 13, 2020 Just now, DrStool said: Call me long dong schlong But sell triggers all set. Link to comment Share on other sites More sharing options...
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