tag:blogger.com,1999:blog-4363707944748952823.post4064660819218969619..comments2024-03-29T05:07:18.851+01:00Comments on practical technical analysis: UpdateKrasihttp://www.blogger.com/profile/07425885123775585052noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-4363707944748952823.post-75588068129240858842016-02-13T09:50:59.972+01:002016-02-13T09:50:59.972+01:00I am saying the same. I think we will see more to ...I am saying the same. I think we will see more to the downside, but not now first retracement at least 50%.<br /><br />Krasihttps://www.blogger.com/profile/07425885123775585052noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-21189990239622763722016-02-13T07:51:41.818+01:002016-02-13T07:51:41.818+01:00The last rally is on very very low volume. . . Any...The last rally is on very very low volume. . . Anyway my first comment has an error (sorry!) it should the monthly EMA5 and MA 25, you can find it in 2008.<br /><br />Based on that... I don't think we will see ATH before we go down. . . Our target should be around 1573 (.382 fib retrace from 2015 top)Ellishttps://www.blogger.com/profile/08608584061398979586noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-3373056482580461402016-02-13T07:01:23.468+01:002016-02-13T07:01:23.468+01:00Than we will follow the market and trade on the sh...Than we will follow the market and trade on the short side...Krasihttps://www.blogger.com/profile/07425885123775585052noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-10841378182555699392016-02-13T06:26:57.978+01:002016-02-13T06:26:57.978+01:00Hi Krasi, what if we continue to go down like 1937...Hi Krasi, what if we continue to go down like 1937? A waterfall effect?Ellishttps://www.blogger.com/profile/08608584061398979586noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-60293700254842503812016-02-12T09:03:50.153+01:002016-02-12T09:03:50.153+01:00This is a sign that we are in a correction of a bi...This is a sign that we are in a correction of a bigger degree... but not a guarantee that a severe bear market has begun. There were crosses in 2010 and 2011 too.<br />When you speak of MA - when the price moves too far from the MAs it turns back and "kiss" them again:) I have looked at my scenario with X wave and the first leg higher should hit MA50 around 1950 and the second leg should hit MA200 around 2010... interesting.<br />At the same time this levels are resistance and Fibo levels too.Krasihttps://www.blogger.com/profile/07425885123775585052noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-39501726431579391282016-02-12T08:03:29.742+01:002016-02-12T08:03:29.742+01:00Krasi, what's your thoughts on the 50 MA and 2...Krasi, what's your thoughts on the 50 MA and 200 MA crossover last mth? That's what we see in 2008.Ellishttps://www.blogger.com/profile/08608584061398979586noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-57886661402448135742016-02-12T07:51:15.034+01:002016-02-12T07:51:15.034+01:00Two options - first clear correction lower a-b-c i...Two options - first clear correction lower a-b-c is finishing and move to new ATH begins minimum 2300-2400.<br />Second option we have one zig-zag lower, now we will see connecting wave X higher followed by another zig-zag lower October-November 2016. I prefer this scenario. Targets - resistance and Fibo levels 1980-2020, so roughly 200 points. More important is time it should last long enough so that most traders forget about the pain and stop talking about bear market and hopefully start talking about new ATH.Krasihttps://www.blogger.com/profile/07425885123775585052noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-28673816388762567362016-02-12T07:22:32.008+01:002016-02-12T07:22:32.008+01:00If we were to rally, where do u see it go at the m...If we were to rally, where do u see it go at the minimum and maximum?<br /><br />And would it just a rally for another bigger selloff? Thanks!Ellishttps://www.blogger.com/profile/08608584061398979586noreply@blogger.com