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AL
albert
Rep: 99
Posts: 3,094
Starting it off.

Al
DU
Duane
Rep: 100
Posts: 1,095
I think you are right. Nice chart


Originally posted by rat89

sweet....here's spx 15.....appears to be the green count, working on wave (4) of minor 3 of Major [5]......

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screen shot 2019 09 10 at 3 15 55 pm png

AL
albert
Rep: 99
Posts: 3,094
rat,

You are welcome!

Al :--)
Originally posted by rat89

thank you al ;)

Originally posted by albert

rat,

You make the coolest charts! Today I was not sure I was even going to break even on my NVDA long paper trading calls. Your TWTR chart certainly looks a short situation is developing. Thank you for sharing your chart work and your comments.

Al :--)

RA
rat89
Rep: 0
Posts: 7,015
twtr 60 - shorted 45.30, exited yesterday at 43.05....wait for a retest to short again...
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screen shot 2019 09 11 at 8 44 10 am png
AL
albert
Rep: 99
Posts: 3,094
rat,

Beauty trade. That was a good one!

Al :--)


Originally posted by rat89

twtr 60 - shorted 45.30, exited yesterday at 43.05....wait for a retest to short again...
Click image for original size
screen shot 2019 09 11 at 8 44 10 am png

AL
albert
Rep: 99
Posts: 3,094
Paper trading. Made a bit on long NVDA calls this morning.

Al :--)


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sc1124 png


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RA
rat89
Rep: 0
Posts: 7,015
spx daily - the green count is doing what it needs to do, and based on the futures, the blue count will be invalidated tomorrow. Ignore the noise from the news and count the waves. The three waves up from the December 2018 low are not impulsive, in that wave [3] green is shorter than wave [1]. That implies that wave [5] will be shorter than wave [3], and that's the structure of an ending diagonal. You've heard me talk about how wave 4 lows cannot violate wave 1 highs - an exception is in an ending diagonal. For wave [5] to be shorter than [3], the maximum is 3121. [5]=.78*[3] at 3055.
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screen shot 2019 09 11 at 9 02 03 pm png
AL
albert
Rep: 99
Posts: 3,094
Paper trading. Made a bit on a long NVDA call this morning. I love those Modified Schiff ML sets.

Ak :--))


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sc1126 png
AL
albert
Rep: 99
Posts: 3,094
Paper trading. Made a bit more today on a NVDA long put. Price had difficulty overcoming resistance in the 188.4 area and it dropped.

Al :--))


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RA
rat89
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Posts: 7,015
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screen shot 2019 09 12 at 2 22 10 pm png
RA
rat89
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Posts: 7,015
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screen shot 2019 09 12 at 2 25 09 pm png
AL
albert
Rep: 99
Posts: 3,094
rat,

You are welcome.

Al
Originally posted by rat89

thank you Al :)

Originally posted by albert

rat,

Very nice work!

Al :--)