Exactly! As you can see, that last chart is from Tony's blog. Of course I added my own thoughts, but I read a lot of different bloggers, and try to put all the pieces together.
Each one has their own expertise in TA's, EW's, Support and Resistance levels, etc… I then add what new events that are coming out, and then post the likely outcome.
I was off by today being Black Monday, as I overlooked the 60 minute chart on Friday's post. But, you can clearly see now, that by the end of today… all of the charts will be pointing down!
That's HUGE! And should produce a big sell off. The Monthly, Weekly, Daily, 60 Minute, and 15 Minute charts will all be insync tomorrow. I was early on my entry Friday, as I missed seeing all of these pieces of the puzzle.
Now, they are all lining up! Look out tomorrow, as this elevator is going down fast!
Wow! 33 days after. That's the Masonic #, like 33rd degree. Pope John Paul I was “killed” 33 day after taking office. The significance is the masons signaling that they are in control!
How's that for conspriacy. (I nearly believe it too)
Well, nothing is written in stone of course, as I originally thought that the 60 minute charts would have been rolling over today. That's why I guessed on Friday's post that it could have been a Black Monday.
So, it looks like I'm off a day. Regardless, I'd have too say that a minor wave 3 down, inside a larger wave 3 is going to be pretty powerful. The more wave 3's inside each other, the more powerful the move. Remember, we are also inside Primary Wave 3 (or C) down too!
I'm not an expert at EW, but I believe the wave 3's are commonly a percent of the wave 1's. Look at the last chart above as I show the 1.382%, 1.5%, and 1.618% predictions.
Red, you are now my hero! Thanks for all your help today.
Bulls = Colts
Bears = Saints
Super Bowl is tomorrow… I'm a day off!
Hey Red
8 mins till the close ….Hows this for a good time to get the chute out?
Exactly! As you can see, that last chart is from Tony's blog. Of course I added my own thoughts, but I read a lot of different bloggers, and try to put all the pieces together.
Each one has their own expertise in TA's, EW's, Support and Resistance levels, etc… I then add what new events that are coming out, and then post the likely outcome.
I was off by today being Black Monday, as I overlooked the 60 minute chart on Friday's post. But, you can clearly see now, that by the end of today… all of the charts will be pointing down!
That's HUGE! And should produce a big sell off. The Monthly, Weekly, Daily, 60 Minute, and 15 Minute charts will all be insync tomorrow. I was early on my entry Friday, as I missed seeing all of these pieces of the puzzle.
Now, they are all lining up! Look out tomorrow, as this elevator is going down fast!
“A typical Wave 3 exceeds Wave 1 by, at least, 1.618 times, or even more….”
The above is common on the net concerning EW.
so wave 1 went from about 1150 to 1070. Thats 80pts
so wave 3 should be 80 (wave 1) X 1.618 = 128 pts.
wave 2 ended 1105 and then wave 3 follows.
so 1105 – 128 = 977 !!!! bingo $$$$$….Oh joy!
Tony codero's blog in congurent with the reasoning on Leo's blog. He say's we are now in a little 2 within a big 3 down.
Wow! 33 days after. That's the Masonic #, like 33rd degree. Pope John Paul I was “killed” 33 day after taking office. The significance is the masons signaling that they are in control!
How's that for conspriacy. (I nearly believe it too)
Well, nothing is written in stone of course, as I originally thought that the 60 minute charts would have been rolling over today. That's why I guessed on Friday's post that it could have been a Black Monday.
So, it looks like I'm off a day. Regardless, I'd have too say that a minor wave 3 down, inside a larger wave 3 is going to be pretty powerful. The more wave 3's inside each other, the more powerful the move. Remember, we are also inside Primary Wave 3 (or C) down too!
I'm not an expert at EW, but I believe the wave 3's are commonly a percent of the wave 1's. Look at the last chart above as I show the 1.382%, 1.5%, and 1.618% predictions.
what are the approx odds of the $sp falling below the 200dma by friday or so?, now at 1018
This is your bounce. By tomorrow the 60 minute chart will be rolling over, so today's your lucky day!
I'm hoping for a bounce. that way feb puts get way cheaper. Also, the only ec. fig. this week is REtail sales thurs.
could be an excuse to tank the market