Yes the LD became primary once bulls failed to establish a
higher low late last week - I was actually hoping for a test of
4300 area - ES/SPX Oanda did manage to poke highs yesterday after
MSFT reported.
Posted by patellee on 25th of Oct 2023 at 01:52 pm
Right, I forgot about the LD. The market never behaves the
way you expect (although Matt/Steve pointed out the LD a while
ago). I can totally imagine sucking more bears in before a
Santa Clause squeeze begins. Maybe Meta is the trigger?
I don't know. If not then the rest of the year is going
to be very ugly!
4148-4171
Expect one more flush, down to 4174 - 4190 on ...
Posted by patellee on 25th of Oct 2023 at 01:44 pm
4148-4171
That would probably be in
Posted by timebandit on 25th of Oct 2023 at 01:48 pm
That would probably be in the same zip code as bottom of the BPT leading diagonal
Yes the LD became primary
Posted by steve on 25th of Oct 2023 at 02:12 pm
Yes the LD became primary once bulls failed to establish a higher low late last week - I was actually hoping for a test of 4300 area - ES/SPX Oanda did manage to poke highs yesterday after MSFT reported.
Right, I forgot about the
Posted by patellee on 25th of Oct 2023 at 01:52 pm
Right, I forgot about the LD. The market never behaves the way you expect (although Matt/Steve pointed out the LD a while ago). I can totally imagine sucking more bears in before a Santa Clause squeeze begins. Maybe Meta is the trigger? I don't know. If not then the rest of the year is going to be very ugly!
SPX (OANDA) 2 HR -
Posted by DigiNomad on 25th of Oct 2023 at 01:52 pm
SPX (OANDA) 2 HR - I show testing breaking through downtrend channel again. Also a Demark 9.