prutalk

prutalk

It looks like black Friday selloff is highly possible now, however with QE everything is possible, but tomorrow a lot of economic data can plays out

prutalk

It looks like we are going to bounce tomorrow, but will we go higher from there and finish fifth zigzag as on daily chart, or will find strong resistance at 298 area and brake the wedge down, next two trading days will have to make a decision on the directional bias to hold

prutalk

Well, if we open lower the mid point in the pitchfork which is lower the support area @ 206.75 T1 will be the bottom of the pitchfork line, with possible continuation

prutalk

It seem to me that from the technical perspective, the coming earnings on the big names may disappoint many. Tomorrow morning, Boeing report will confirm it, or not

prutalk

Looking to Play this type of a pattern with a good RR ratio. If after fourth zig zag BTC holds 9800, there is high chance for a bull momentum continuation, if not, I will look to play for a bounce from 6200

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SPY expect for a bounce tomorrow and little run on Friday before closing to fill my short positions for the next several weeks to come

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We came to the point, where it became more evident to take a short position against "weaker" indices on the major US market

prutalk

Market overview right now for BTC 5/16/2019 almost finished wave X of WXYXZ correction, "almost" because we did not hit .618 of XY, which is $8484.80, IMHO Looking to visit bottom of wave 2 of the parabolic general 5Th

prutalk

just WXYXZ going to visit $500 area. Enjoy