Posted by fredsaid on 14th of Oct 2020 at 02:46 pm
Appear to keep knocking on the floor of all indices, are we
going to bounce or fall through ? Looks like inflection
point. I may need to buy some more hedges.
to me hedges were to be put on Monday and maybe yesterday's
bounce, not after a good abc pullback already, and price has now
bounced off those lows. I do hedges at resistance or very
overbought conditions
Thanks Matt. I super appreciate you posting your view of
the market prior to the close when there is still time to make
adjustments. The supporting charts add validity to your
perspective. I've been looking to add to my long positions
prior to the election. That is typically a bullish event when
the uncertainty unwinds. Of course I'd like to optimize my
entry point(s) as I scale in. Knowing you see a possible
lower entry has value.
yeah that is major support as I've been covering, not sure we
get down that far, but if we did, we'd like see the BPT MA Deluxe
turn red on the daily KISS, and when that is red and is above the
ribbons you look for buy triggers via a cycle on the 120 min or 195
min
Appear to keep knocking on
Posted by fredsaid on 14th of Oct 2020 at 02:46 pm
Appear to keep knocking on the floor of all indices, are we going to bounce or fall through ? Looks like inflection point. I may need to buy some more hedges.
to me hedges were to
Posted by matt on 14th of Oct 2020 at 03:13 pm
to me hedges were to be put on Monday and maybe yesterday's bounce, not after a good abc pullback already, and price has now bounced off those lows. I do hedges at resistance or very overbought conditions
Hey Matt, just to confirm,
Posted by kevindeng0727 on 14th of Oct 2020 at 03:37 pm
Hey Matt, just to confirm, on the 60 min chart, you labeled wave c down to ~3460. Do you think c is over or not? Thanks
Only Steve knows that, have
Posted by matt on 14th of Oct 2020 at 03:43 pm
Only Steve knows that, have him check his crystal ball. IDK man, so far I see an abc move up only on that last bounce.
Ideally I'd like to see a cycle buy on the 120 min. also I dont' think we fully filled that gap. There's also another gap below that one too.
See 60 min chart, would love personally to see c lower maybe near that 50 MA etc.
see the 15 min with Fibs, note the 38% Fib below,
so far was an abc
Posted by matt on 14th of Oct 2020 at 03:59 pm
so far was an abc bounce so I still think lower
Thanks Matt. I super appreciate
Posted by salieri on 14th of Oct 2020 at 03:54 pm
Thanks Matt. I super appreciate you posting your view of the market prior to the close when there is still time to make adjustments. The supporting charts add validity to your perspective. I've been looking to add to my long positions prior to the election. That is typically a bullish event when the uncertainty unwinds. Of course I'd like to optimize my entry point(s) as I scale in. Knowing you see a possible lower entry has value.
Thanks Matt. 3430 will be
Posted by kevindeng0727 on 14th of Oct 2020 at 03:48 pm
Thanks Matt. 3430 will be a break-and-becktest of Inverse H&S pattern neckline.
yeah that is major support
Posted by matt on 14th of Oct 2020 at 04:04 pm
yeah that is major support as I've been covering, not sure we get down that far, but if we did, we'd like see the BPT MA Deluxe turn red on the daily KISS, and when that is red and is above the ribbons you look for buy triggers via a cycle on the 120 min or 195 min
Rally on I say !
Posted by fredsaid on 14th of Oct 2020 at 03:28 pm
Rally on I say ! Onward and upward ! :)