Posted by DigiNomad on 8th of Mar 2024 at 02:30 pm
SPX 10 min - ABC down...maybe a reset now and SQUEEZE higher.
Have to imagine that millions of traders will be trying to go
short. Look at DAX...it can't buy a down day with economy in
shambles and the short call level climbed to 86%
yesterday.
Posted by DigiNomad on 8th of Mar 2024 at 02:35 pm
Yeah, I was thinking the same thing, but look at the last ABC on
the 10 min that reset the count....it happened over a smaller range
than this one. Correction: based on MLA's chart it looks like
it was longer. I need to switch away from Heikin Ashii candles when
I'm looking a this stuff.
Prolly sideways till Mutual fund
Posted by ruidoso on 8th of Mar 2024 at 02:10 pm
Prolly sideways till Mutual fund Monday.... It is set up for a good squeeze, if the bulls can push. Still 2 hours though.....
SPX 10 min - ABC
Posted by DigiNomad on 8th of Mar 2024 at 02:30 pm
SPX 10 min - ABC down...maybe a reset now and SQUEEZE higher.
Have to imagine that millions of traders will be trying to go short. Look at DAX...it can't buy a down day with economy in shambles and the short call level climbed to 86% yesterday.
Digi, unfortunately I can't post
Posted by DK on 8th of Mar 2024 at 02:34 pm
Digi, unfortunately I can't post a chart right now but to me it looks like an A down and now we're going up in B. Can you post your chart?
Yeah, I was thinking the
Posted by DigiNomad on 8th of Mar 2024 at 02:35 pm
Yeah, I was thinking the same thing, but look at the last ABC on the 10 min that reset the count....it happened over a smaller range than this one. Correction: based on MLA's chart it looks like it was longer. I need to switch away from Heikin Ashii candles when I'm looking a this stuff.
Matt taught me to just
Posted by DigiNomad on 8th of Mar 2024 at 02:39 pm
Matt taught me to just look at this sometimes. The more I do it, the better off I am. ABC looks very clear here.
Thanks
Posted by ruidoso on 8th of Mar 2024 at 02:54 pm
Thanks