what bothers me is that the IWM, SPX, and Dow have taken out
their Feb lows by a decent margin esp the Rut of course.
However the QQQ have not , and haven't even taken out its
April low, and we may need to see that happen before any decent low
is in. we'll see....
Daily Index coments
Posted by matt on 20th of Dec 2018 at 11:01 am
IWM - Chart Link- daily, here' I added that 1:1 projection no where close
$SPX - Chart Link- SPX basically hit its 1:1 projection
QQQ - Chart Link
$INDU - Chart Link- here's that Dow chart
what bothers me is that the IWM, SPX, and Dow have taken out their Feb lows by a decent margin esp the Rut of course. However the QQQ have not , and haven't even taken out its April low, and we may need to see that happen before any decent low is in. we'll see....
Update: Daily Index coments
Posted by matt on 20th of Dec 2018 at 11:47 am
$INDU - Chart Link - the Dow has that damn air pocket, the upper range now about 500 points lower, the bottom range about 800 points lower.
that could be achieved in 1 -2 days if it wanted to
Update: Update: Daily Index coments
Posted by matt on 20th of Dec 2018 at 11:59 am
IWM - Chart Link - here's the 1:1 target calc on IWM
QQQ has now taken out
Posted by alvinjm27 on 20th of Dec 2018 at 11:26 am
QQQ has now taken out April low
probably needs to take out
Posted by matt on 20th of Dec 2018 at 11:27 am
probably needs to take out that Jan low now too as everything else has
Where is Jan low on
Posted by deep on 20th of Dec 2018 at 11:34 am
Where is Jan low on QQQs ?
you can see that in
Posted by matt on 20th of Dec 2018 at 11:36 am
you can see that in my post below on the daily indexes. 149.29
https://breakpointtrades.com/blog/post/298418/#prettyPhoto
Thanks - good target.. if
Posted by deep on 20th of Dec 2018 at 11:38 am
Thanks - good target.. if not today, maybe tomorrow.