tag:blogger.com,1999:blog-4363707944748952823.post4026636849941658674..comments2024-03-29T05:07:18.851+01:00Comments on practical technical analysis: UpdateKrasihttp://www.blogger.com/profile/07425885123775585052noreply@blogger.comBlogger36125tag:blogger.com,1999:blog-4363707944748952823.post-51616945341819558122018-04-21T07:57:19.749+02:002018-04-21T07:57:19.749+02:00Yes,something like that... probably slightly lower...Yes,something like that... probably slightly lower low to finish the pattern on Monday then bounce up.Krasihttps://www.blogger.com/profile/07425885123775585052noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-72852303598161386702018-04-20T21:35:18.548+02:002018-04-20T21:35:18.548+02:00Now do you think it should rebound next Monday? An...Now do you think it should rebound next Monday? And after that for another wave down? Thanks.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-36829962503811525952018-04-20T19:02:32.341+02:002018-04-20T19:02:32.341+02:002620-26402620-2640Krasihttps://www.blogger.com/profile/07425885123775585052noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-40148865843380419432018-04-20T17:15:23.035+02:002018-04-20T17:15:23.035+02:00A close below 2660 today and monday could be a was...A close below 2660 today and monday could be a wash-out day. In extremis , the retracement could be 100%, so I'm just waiting to see what it looks like . I have a low due next week , so it's all lining up....Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-60071033813641866792018-04-20T16:20:17.762+02:002018-04-20T16:20:17.762+02:00What S&P levels would that be? Thanks!What S&P levels would that be? Thanks!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-19052709431112779522018-04-20T15:30:39.570+02:002018-04-20T15:30:39.570+02:00When we see corrective retracement around 50%-61,8...When we see corrective retracement around 50%-61,8% Fobanci level than it is a buy.Krasihttps://www.blogger.com/profile/07425885123775585052noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-11343997174307520572018-04-20T14:34:26.056+02:002018-04-20T14:34:26.056+02:00Thx Krasi!
So it is all about how deep the retrace...Thx Krasi!<br />So it is all about how deep the retracement will be then... could i ask at which level you start buying? or is it too early to tell and it will depends on the way we go down? thx again and good luck!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-88046601485318932212018-04-20T12:54:30.822+02:002018-04-20T12:54:30.822+02:00With or without higher high I do not expect lower ...With or without higher high I do not expect lower low, it takes too long and the probability is low. That is why the update. The only difference is with higher high the move will look like an impulse then the probability for lower low drops from low to zero.Krasihttps://www.blogger.com/profile/07425885123775585052noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-85050944525041630992018-04-20T10:54:51.397+02:002018-04-20T10:54:51.397+02:00Hi Krasi! just to clarify, if we do have a high or...Hi Krasi! just to clarify, if we do have a high or higher high then it's be a triangle with 50% retracement, but if it's instead a topping process we will revisit the low/make new lows. thx!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-14155074094542252242018-04-20T05:20:26.509+02:002018-04-20T05:20:26.509+02:00Topping has begun. It looks like impulse lower on ...Topping has begun. It looks like impulse lower on the 10min chart. Even with a higher high the indexes should move lower for a week or two.Krasihttps://www.blogger.com/profile/07425885123775585052noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-18953049517133018412018-04-20T03:30:55.999+02:002018-04-20T03:30:55.999+02:00me too. Thank you Krasime too. Thank you KrasiJohn Doehttps://www.blogger.com/profile/17450188696913407859noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-29272977710556163712018-04-20T03:29:37.149+02:002018-04-20T03:29:37.149+02:00we will know from oscillators tomorrow if it is fi...we will know from oscillators tomorrow if it is finished or not.John Doehttps://www.blogger.com/profile/17450188696913407859noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-78806018515276620892018-04-20T03:28:29.762+02:002018-04-20T03:28:29.762+02:00SPX 3000 in 8 trading days??? come on now.SPX 3000 in 8 trading days??? come on now.John Doehttps://www.blogger.com/profile/17450188696913407859noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-66788235585802747612018-04-19T22:03:23.567+02:002018-04-19T22:03:23.567+02:00I appreciate the mid-week updated chart!I appreciate the mid-week updated chart!Stevehttp://www.wallstreetcraps.comnoreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-39824776443058818372018-04-19T21:47:56.657+02:002018-04-19T21:47:56.657+02:00Do you think today's down move finished or not...Do you think today's down move finished or not? I think it should continue down for the next few days? Thanks.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-52460352934359613042018-04-19T21:23:08.865+02:002018-04-19T21:23:08.865+02:00If you trade futures and futures move against you ...If you trade futures and futures move against you on weak volume by 100 points, you gotta settle out end of trading with that loss. Nobody says well the volume was weak so you don’t have to pay up. Nobody. Price is price. I get it when there can be a five to ten minute pop on some news on low volume which is rapidly reversed. But when you look at bigger trends, volume is just bull shit. Trust me. You just get confused and you end up doing stupid shit like holding a losing position. Done it a thousand times! Learn from me!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-20307242207729501452018-04-19T21:19:34.030+02:002018-04-19T21:19:34.030+02:00The only time i look at volume is when i screwed u...The only time i look at volume is when i screwed up a trade and i grapple at straws looking for reasons to hold a losing position. That’s the truth in a nut shell. If the price is moving in your direction you would never look at volume. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-74800599939344417272018-04-19T21:18:41.610+02:002018-04-19T21:18:41.610+02:00The final wave lower is running and the yields hig...The final wave lower is running and the yields higher.Krasihttps://www.blogger.com/profile/07425885123775585052noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-65546138828380589522018-04-19T21:17:13.811+02:002018-04-19T21:17:13.811+02:00Very unlikely.Very unlikely.Krasihttps://www.blogger.com/profile/07425885123775585052noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-81235882288442656392018-04-19T21:04:30.787+02:002018-04-19T21:04:30.787+02:00To look like diagonal the indexes should reverse n...To look like diagonal the indexes should reverse now and make one more high.Krasihttps://www.blogger.com/profile/07425885123775585052noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-49057331823562295862018-04-19T21:02:39.818+02:002018-04-19T21:02:39.818+02:00spx,ndx dji all coming into 25 and 50 day. im thi...spx,ndx dji all coming into 25 and 50 day. im thinking this is wave 4 of the move that started beginning of april. Now we could get an extended 5th wave to get SP500 to 3000 by the fed meeting. That could be cycle top (at least for SPX and DJI). The short squeeze I posted about last week could be the catalyst. obviously this means we are in wave 5 of 5.....Ghttps://www.blogger.com/profile/05642480271361714631noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-6524631279075192502018-04-19T19:44:00.657+02:002018-04-19T19:44:00.657+02:00How about the bond price chart? Thanks. It seems b...How about the bond price chart? Thanks. It seems bonds nowadays are not inverse related to stock market. Today stock goes down but bonds also goes down?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-21135067535018235512018-04-19T19:12:10.720+02:002018-04-19T19:12:10.720+02:00Thank youThank youJohn Doehttps://www.blogger.com/profile/17450188696913407859noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-78026633465729616042018-04-19T18:56:26.816+02:002018-04-19T18:56:26.816+02:00Maybe not , if bonds jump over 3% in the next few ...Maybe not , if bonds jump over 3% in the next few days , your SPX diagonal might be back on the table with a short sharp down move .Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-38381472479947565262018-04-19T18:34:19.906+02:002018-04-19T18:34:19.906+02:00To confirm break outs and enough commitment from b...To confirm break outs and enough commitment from buyers/sellers is different story. Nothing to do with trying to find volume pattern which to predict price pattern is fantasy it does not work.Krasihttps://www.blogger.com/profile/07425885123775585052noreply@blogger.com