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JA
jarek
Rep: 94
Posts: 3,474
With the bearish case on Bonds being so touted recently I'm wondering whether it's not a big smokescreen suggesting that quite opposite may happen... Especially after looking at the following charts:
JI
jimkane
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Posts: 33,089
'Too easy'. Reacts to 34.50, pulls back in a KZ ABCD, and up it goes. What a shocker.
Originally posted by jimkane
Watch 34.50-.75.
JI
jimkane
Rep: 3,058
Posts: 33,089
I'm going to make a 'guess' here. It's very unlikely to come true, it's just a total WAG. I think we go to new highs for the 'bull' from here. Why? I don't think there is any chance this follows the same pattern as last time. New highs would fool a lot of people in here.
JA
jarek
Rep: 94
Posts: 3,474
Kane Zones are not respected in any direction. That calls for a corrective action IMO. Maybe they are building a smaller bearish 4PT as W2 of the move off our bigger bearish 4PT?
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jarek
Rep: 94
Posts: 3,474
Originally posted by rat89
Originally posted by jarek
What is WAG??
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I was not aware that this was applicable to the markets as well
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jimkane
Rep: 3,058
Posts: 33,089
Wild A#% Guess.
Originally posted by rat89
Originally posted by jarek
What is WAG??
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RO
roofer
Rep: 3,689
Posts: 3,574
just traders trading..... if the red line green set on yesterdays close was to be valid,in the face of the insane last hour bullishness, then OUR TOOLS, AND NOTHING ELSE.... should have pointed to RISK OFF!!! in the face of the manipulation in the indexes.... i think they did their job.... and all the way down today... they said repeatedly trend day shooting for targets...