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Late Start for Market Rollover 8/26/22

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4 minutes ago, DrStool said:

Classical measured move target of this top breakdown 3900. 

2 hour bars perspective. 

yu7gk

I'm all in favor of it getting to 3900 today on a 2 hour bar perspective....

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It would be pretty hard to make the case the Buttcoin lead the market down even though it's peak was at 9:04 and ES was at 9:09. Both tops were a little sloppy. Buttcoin went for a turn up around 2:30 but ES isn't having any of it.

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32 minutes ago, Jorma said:

It would be pretty hard to make the case the Buttcoin lead the market down even though it's peak was at 9:04 and ES was at 9:09. Both tops were a little sloppy. Buttcoin went for a turn up around 2:30 but ES isn't having any of it.

In this case, the moves were concurrent in response to a common trigger. They re often concurrent. Sometimes time BTC leads by a few hours, if not a day or so.  And, Mind the gap. 

yu7zo

 

 

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10 minutes ago, DrStool said:

In this case, the moves were concurrent in response to a common trigger. They re often concurrent. Sometimes time BTC leads by a few hours, if not a day or so.  And, Mind the gap. 

yu7zo

 

 

The uptrendline from the June lows is broken now in Buttcoin, right?

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