tag:blogger.com,1999:blog-4363707944748952823.post495774283799207452..comments2024-03-29T05:07:18.851+01:00Comments on practical technical analysis: Weekly previewKrasihttp://www.blogger.com/profile/07425885123775585052noreply@blogger.comBlogger20125tag:blogger.com,1999:blog-4363707944748952823.post-13263939973142070932017-11-04T06:49:26.529+01:002017-11-04T06:49:26.529+01:00Biotech looks like impulse lower and correction hi...Biotech looks like impulse lower and correction higher.Krasihttps://www.blogger.com/profile/07425885123775585052noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-84232885346881976912017-11-04T06:48:56.007+01:002017-11-04T06:48:56.007+01:00There is one more hurray:) I think this is the top...There is one more hurray:) I think this is the top of wave 3 from the July bottom.<br />This is SOX but the same idea... I have the suspicion the indexes in iii of 5 from the FEB.2016 low. <br />https://charts.stocktwits.com/production/original_100172907.png?1509774288Krasihttps://www.blogger.com/profile/07425885123775585052noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-71684933057881015842017-11-03T23:34:23.303+01:002017-11-03T23:34:23.303+01:00Hi Krasi,
This recent move by Nasdaq seems incred...Hi Krasi,<br /><br />This recent move by Nasdaq seems incredibly strong for an ending move. No?<br /><br />Thanks,<br /><br />KaliAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-21046640502598962017-11-03T21:33:21.556+01:002017-11-03T21:33:21.556+01:00How about XBI and IBB? It seems XBI is stronger? How about XBI and IBB? It seems XBI is stronger? Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-62635697806942588182017-11-02T19:28:26.288+01:002017-11-02T19:28:26.288+01:00Difficult question - you can count finished patter...Difficult question - you can count finished pattern for SP500, but for other indexes one more high will look better. Probably it will take time to see a reversal the top will be tested and the indexes will not make a top at the same time.Krasihttps://www.blogger.com/profile/07425885123775585052noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-17699518486424657612017-11-02T17:41:47.729+01:002017-11-02T17:41:47.729+01:00Still looking for one more high Krasi ?Still looking for one more high Krasi ?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-44912157341530553422017-11-01T20:12:37.236+01:002017-11-01T20:12:37.236+01:00Hahaha. Who listens make money. I say up. It’s up....Hahaha. Who listens make money. I say up. It’s up. Everyday I right! Hahaha. No pullback! Go up and up when Krasi say pullback! Hahaha!!<br />I up again today! So tired my money bag so heavy. Help me lift my money bag!! Hahaha. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-62093665600926106362017-11-01T16:27:42.254+01:002017-11-01T16:27:42.254+01:00thanks krasi
kalithanks krasi<br /><br />kaliAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-41238956383870487892017-11-01T12:10:33.269+01:002017-11-01T12:10:33.269+01:00The next buying opportunity is the low of wave 4.....The next buying opportunity is the low of wave 4.... timewise the next important low should be in 4-8 weeks the low of the 40 week cycle.<br />What if you buy ETF which is short something:) is this long or short? You should trade only when you feel comfortable with the trade no need to chase every move. Krasihttps://www.blogger.com/profile/07425885123775585052noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-81842848063959592532017-11-01T10:58:09.086+01:002017-11-01T10:58:09.086+01:00Yes, the indexes are close to important top - wave...Yes, the indexes are close to important top - wave 3 from Feb.2016 low.Krasihttps://www.blogger.com/profile/07425885123775585052noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-73876224343923566772017-11-01T10:43:05.598+01:002017-11-01T10:43:05.598+01:00Massive capitulation by the shorts, hardly anyone ...Massive capitulation by the shorts, hardly anyone dares to short now. Could we be near a short-term top for the next few months?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-34609558742814179982017-11-01T05:47:44.564+01:002017-11-01T05:47:44.564+01:00If you mean from the Feb.2016 low... some count it...If you mean from the Feb.2016 low... some count it this way as completed. I would rather count it as the top of wave 3. This is the problem with EW:) sometimes is not 100% clear.Krasihttps://www.blogger.com/profile/07425885123775585052noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-26962956680886712682017-11-01T04:19:43.336+01:002017-11-01T04:19:43.336+01:00Interesting to see how the Dow Transports and the ...Interesting to see how the Dow Transports and the McClellan Summation Index are not showing strength right now. Maybe the major indexes will catch up with these two and correct. That would suggest that a trading bottom may be about 10 days away.<br /><br />By the way, I really appreciate these charts and the projections even though they do tend to sway a bias in me. this is really a unique market that we have going on now.<br /><br />the next major buying opportunity seems like a long time away. I haven't the stomach to stay short very long....it frankly drives me crazy to be short.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-83190085282122598792017-10-31T22:14:35.436+01:002017-10-31T22:14:35.436+01:00Am I correct in seeing full wave count on Nasdaq c...Am I correct in seeing full wave count on Nasdaq composite?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-75674677251072896792017-10-31T17:15:49.558+01:002017-10-31T17:15:49.558+01:00QQQ looks toppy 5 waves on the hourly chart with R...QQQ looks toppy 5 waves on the hourly chart with RSI divergence.<br />https://charts.stocktwits.com/production/original_99628869.png?1509466491Krasihttps://www.blogger.com/profile/07425885123775585052noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-74722182264319144482017-10-31T16:49:10.739+01:002017-10-31T16:49:10.739+01:00Sharp correction in a bull market will fit better ...Sharp correction in a bull market will fit better - 8%-10% is standard correction I expect something like this. Drop to 2100 is 20% and I do not see conditions for such move. You do not have market breadth divergences for example A/D issues or VIX so even if this is the top of the bull market since 2009 the top will be tested and we will see double top before 20% sell off. The greed can be purged when the move is sharp no need to be 20%.<br /><br />I draw this wave 4 stretch in time to fit my cycle count currently we have 18 month cycle top, 18 month cycle low in June and 4 year cycle high the end of 2018.Krasihttps://www.blogger.com/profile/07425885123775585052noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-18712943342375338352017-10-31T15:04:15.681+01:002017-10-31T15:04:15.681+01:00Hi Krasi
Wouldn’t you agree that the pullback in w...Hi Krasi<br />Wouldn’t you agree that the pullback in wave IV should be deeper? The market is so stretched that 10% should come very easily and given that there is so much room for this wave. I think even a drop to 2100 would not violate EW theory. If you disagree please explain why. Thanks<br /><br />Kris Krishttps://www.blogger.com/profile/15871727495642841125noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-50819212199772470672017-10-30T17:16:22.705+01:002017-10-30T17:16:22.705+01:00Haha. I buy more. Haha. U say pullback. I say buy ...Haha. I buy more. Haha. U say pullback. I say buy buy. HahahaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-77974824821440205262017-10-28T22:57:16.545+02:002017-10-28T22:57:16.545+02:00It is the same like last week - in iii of 5 on the...It is the same like last week - in iii of 5 on the chart which I have shown.<br /> Krasihttps://www.blogger.com/profile/07425885123775585052noreply@blogger.comtag:blogger.com,1999:blog-4363707944748952823.post-11620259216504492212017-10-28T15:38:42.448+02:002017-10-28T15:38:42.448+02:00Any chance you could show us a picture of qqq?
T...Any chance you could show us a picture of qqq? <br /><br />Thanks again,<br /><br />KaliAnonymousnoreply@blogger.com