JA
jarek
Rep: 94
Posts: 3,474
After last week's action I would just relabel the pattern without changing longer term bias:
JA
jarek
Rep: 94
Posts: 3,474
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It's possible though that CD leg is not finished and a move up to the Game Zone is not out of question
RO
roofer
Rep: 3,689
Posts: 3,574
I WONDER IF SOMETHING BIGGER IS IN THE WORKS... IF THE MARKET TURNS AT THE COMING TOGETHER OF .447 AND .886...... 1052-1056 SPX.... FOLLOWED BY .685 RETRACE... THEN MEASURED MOVE DOWN TO LOWER//.
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RA
rat89
Rep: 0
Posts: 7,015
fascinating speculation roofer.....I like the way you look ahead to possible outcomes.
RO
roofer
Rep: 3,689
Posts: 3,574
nice charts rat! these next few weeks hold the key to the rest of our lives...i put it out there in real time at the pile a few weeks ago... how the relative strength in the techs was a rush to the dance before coming weakness....amzn,aapl have hit minimum downside targets... goog has not...right here right now i am having trouble seeing how the pieces will fit.... note too, i posted charts of bbby and cost at their highs at the geometry... subsequently, both set up .886gap5 geo and headed off downhill....
RA
rat89
Rep: 0
Posts: 7,015
It does feel that we are close to a major inflection point, and that there is a lot of pent up energy. Is it that the global markets are going to force the hands of governments to do what they don't have the will to do?
