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    AL
    albert
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    Starting it off.

    Al
    RA
    rat89
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    Click image for original size
    screen shot 2019 04 30 at 10 28 14 am png

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    screen shot 2019 04 30 at 10 28 38 am png
    RA
    rat89
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    here's a wild projection:


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    screen shot 2019 04 30 at 10 33 21 am png

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    screen shot 2019 04 30 at 10 42 47 am png
    AL
    albert
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    Duane and rat,

    Super work, guys! I can relate to rat's statement regarding looking the wrong way at price turns!

    I thought this was an interesting chart with a Kane DT completing at 0.618 fibo. The price reversal at the 0.618 fibo at the right side of the chart is also interesting, leading to a STO OS area after the Gold Cross, possibly a nice long entry area.


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    sc700 png


    BTW, I have been looking at bottoming areas like the one pointed out in the next chart, and seeing a similar price behavior a lot. First blue arrow to the left at the bottom, points out the bottom. The red arrow points out where the 8 ema crosses over the 20 ema. The third blue arrow points to a price maximum. The fourth blue arrow shows a STO OS area. I call this sequence the 1234 wait for it. "it" being the +DI crossing up over the -DI, signalling a bullish bias. May occur only after major price pullbacks. Any thoughts?

    Al :--)


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    sc701 png
    RA
    rat89
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    screen shot 2019 04 30 at 11 24 35 am png
    MA
    MarcinO
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    Nasdaq looks like ready to hit 7810. Keeping my long, but I will look for a reversal over there.
    Alternative level at 7775-80.


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    nq 2019 04 30 png
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    MarcinO
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    It exploded o 7845 just after the 15 min break.
    Reversal now?
    AL
    albert
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    Marcin,

    Awesome work!

    Al
    RA
    rat89
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    screen shot 2019 04 30 at 8 18 18 pm png
    MA
    MarcinO
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    (Edited )
    Not sure if they will start the drop around the open or will they prolong the decison till Fed announcement today.

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    nq 2019 05 01 png
    MA
    MarcinO
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    Nice initial move down.
    For some reasons the best technical area ofr this drop to be stopped is at 7600 - over 200 points lower. So even if this is going to happen - rather not today.
    AL
    albert
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    rat,

    Good one!

    Al :--)