If everyday, without fail you gave someone a gift; would you continue if they never said a word?
11:48 ET
We're inside.
Good momentum on the Tenkan-sen/ Kijun-sen cross
11:24
PPS is bearish . We are at the top of the hourly Kumo, but this Kumo is not especially strong. The target destination is still the cyan tine.
14:15 ET
Just a heads up to my regulars. Even though the market has not closed it appears that we will form a Three Outside Down pattern today. This is a highly reliable bearish candle stick pattern.
Also take note of the way Price obeyed the Daily Kumo.
My indicators are also bearish
Daily SPX
13:40 ET
10:30 ET
good charts...
ReplyDeletei can't fig. out one thing: On you top most chart, when you said "target attained"...are you expecting a bull rally? or are you expecting a waterfall downward?
Target attained means we arrived at the cyan fork. The sell signal comes when the fork is violated. Any time the tine or handle of a fork is touched by price some hesitation can be expected. Breaking through shows the beginning of a new trend.
ReplyDeletethank you Bob...
ReplyDeletewhen do you mean when you say "fork"? what comprises this fork? is it the two green parallel lines?