2 cycles approachingApril8th = hi to hi54/55 days from Jan 19th highApril-12/13 = 44/45days fromFeb 8th lo to loJay
THanks JayI bagged my profits today already from my Long position yestaerday.Looking precarious right now. I'm on a short trigger to the 12th of April.
ok out of longs will wait to buy the dip here in an hour or so looks like we go up all night into the open
Guys.....Helge shows us going up all night but if you look at tomorrows wave down its a mini crash ...it looks like they are going to ramp things overnight then tomorrow the bottom drops out right at the openhe shows us dropping sharply all the way from the open to around midnight wed night...don't miss these waves...
rrman,dont tell me mini-crash = 0.5% down. Given the low volatility in markets, even 0.5% move down will be considered 'mini crash'.
Rman, What did Helge show for today?
he called for up with the peak around 2pm central then a drop right before close then rally all night very big up wave
well Joe i'm trading the Euro and it actually does move fairly well so a crash could be a 2 pt move from like 1.35 to 1.33
RMAN, Are you looking at chart 2??
Gap downI agree
chart 1 is the best chart two shows only trading hours so the moves ah have to be shown at the end or the beginning of the trading day even tho they happen ah
i actually think we gap up pretty big then start to sell off at the open with what i'm seeing but sometimes these waves drag out a bit
we gap down HUGE
May be 4-5 point gap down to 1182/3, which will be bought in the first 30minutes. Major gap down (10 pt+) and continued weakness needs Mahendra to make saturn collide with jupiter.
Hey Ricky B Please define HUGE. And is'nttomorrow Mahendra's crash day?
well like i say i'm trading the euro so it took a big hit today and is due a big up wave so i think it will gap up ....the /es who knows its a joke
went long 1.3396 should be good for all night
From Carl Futia's blogHere is an updated version of the 30 minute bar chart I showed you yesterday. As you can see the e-minis are creeping into the target zone of 1185-90 indicated by the green oval. I think that a break of 15-20 points is imminent. But once it is complete the ES should quickly move to and above the 1200 level.The market has been very quiet this week. I don't know of any particular explanation for the dullness. But I do know that no top of significance is likely until we see much more trading activity and volatility than the market has shown the past two days.
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