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World Stock Markets Trading Discussion - Apogee attrition


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ES followed its 24 hour cycle to high just before the open. It then turned lower as the SPX cash started at its high and follows its intraday cycles lower.  I mentioned last night that the low was due around noon.  To be specific, the idealized low would be at 12:20.  It could be either side of that by a half hour or so. Then the 2 day and 5-6 hour cycles are opposed for the rest of the day, with the 2 day cycle low due at 3:40.  

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ES followed its 24 hour cycle to high just before the open. It then turned lower as the SPX cash started at its high and follows its intraday cycles lower.  I mentioned last night that the low was due around noon.  To be specific, the idealized low would be at 12:20.  It could be either side of that by a half hour or so. Then the 2 day and 5-6 hour cycles are opposed for the rest of the day, with the 2 day cycle low due at 3:40.  

 

S&P have a date with 2725 first before any blast off.  A move above 2785 would turn this whole structure very bullish.

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In other news earlier today millennials around the globe decided to unplug from the grid, tune out, toss out their electronics and go "all in" on organic farming. 16 billion dollar semiconductor company KLA Tencor responded by throwing itself off of the San Francisco Bay Bridge plummeting to its death.

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In other news earlier today millennials around the globe decided to unplug from the grid, tune out, toss out their electronics and go "all in" on organic farming. 16 billion dollar semiconductor company KLA Tencor responded by throwing itself off of the San Francisco Bay Bridge plummeting to its death.

 

The semis all look very toppy on the daily.

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Really? Do you think we'll see some support between the lower bolenger band and the 50 DMA on $SOX? Or is this thing going all the way down?

 

Tough to say but i can see another few more days of weakness before a bounce comes.  This might coincide with the 2725 number on S&P.

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In other news earlier today millennials around the globe decided to unplug from the grid, tune out, toss out their electronics and go "all in" on organic farming. 16 billion dollar semiconductor company KLA Tencor responded by throwing itself off of the San Francisco Bay Bridge plummeting to its death.

 

:lol:  :lol:  :lol:

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