DrStool Posted November 6, 2020 Report Share Posted November 6, 2020 At 6:30 AM in New York, the ES fucutures have spent the overnight hours pulling back, reaching key support at 3460. That also happens to be the 5 day cycle downside projection. What happens next depends on whether this support level and target holds. Click to engorge. So will it hold? Odds favor it because it's also the site of the rising 60 hour moving average, which tends to be the site of a bounce on the first touch. Then I'd look for a rally to the top of the channel, now at 3492, dropping to 3486 by 10 AM in New York. Assuming it gets there, that should be the point at which we find out whether the bulls are still in charge. Link to comment Share on other sites More sharing options...
MisFit Kid Posted November 6, 2020 Report Share Posted November 6, 2020 I am watching the squirrels run around my neighborhood, what else is going on? Link to comment Share on other sites More sharing options...
DrStool Posted November 6, 2020 Author Report Share Posted November 6, 2020 I'm od enough to remember when they said that the market had a minicrash because it was worried about a Biden victory. Link to comment Share on other sites More sharing options...
DrStool Posted November 6, 2020 Author Report Share Posted November 6, 2020 Well it doesn't look too worried about it now. BWAHAHAHAHAHAHAHAHAHA BWAHAHAHAHAHAHAHAHAHA BWAHAHAHAHAHAHAHAHAHA BWAHAHAHAHAHAHAHAHAHA But will it double top now that everyone is all bulled up on Biden. Click to engorge. Link to comment Share on other sites More sharing options...
MisFit Kid Posted November 6, 2020 Report Share Posted November 6, 2020 12 minutes ago, DrStool said: I'm od enough to remember when they said that the market had a minicrash because it was worried about a Biden victory. od........? 😀 Old, Odd, Over Dose, P'od Oculus Dexter or better yet, a hypothetical power once thought to pervade nature and account for various phenomena, such as magnetism. >: Back to the squirrels for me.......It is Friday...... Link to comment Share on other sites More sharing options...
DrStool Posted November 6, 2020 Author Report Share Posted November 6, 2020 All of the bove Link to comment Share on other sites More sharing options...
DrStool Posted November 6, 2020 Author Report Share Posted November 6, 2020 I'm seeing a lot of failed patterns on my bullish daytrade list. Link to comment Share on other sites More sharing options...
DrStool Posted November 6, 2020 Author Report Share Posted November 6, 2020 This is clearly a top on the intraday. Link to comment Share on other sites More sharing options...
DrStool Posted November 6, 2020 Author Report Share Posted November 6, 2020 6 minutes ago, DrStool said: This is clearly a top on the intraday. Ha ha. Very funny. Link to comment Share on other sites More sharing options...
MisFit Kid Posted November 6, 2020 Report Share Posted November 6, 2020 End of Day/End Of Week Magic Green Marker Flo-Bot just walked it UP. Nothing to see here, move along little squirrel doggies........ >: Ms. Russell must be Too Small to Play Ball. Link to comment Share on other sites More sharing options...
MisFit Kid Posted November 8, 2020 Report Share Posted November 8, 2020 Link to comment Share on other sites More sharing options...
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