| To: humble1 who wrote (21399) | 1/7/2016 5:52:33 AM | | From: robert b furman | | | | Hi H1,
Agree with your count:
screencast.com
Bottom of flag dropping out today at open.
Macd has yet to bottom and fast stochastic probably will today.
Leaves us with a weak Friday and an ugly weekend to worry over.
Maybe Friday or Monday we start to go sideways or see a bounce.
LAST SEPTEMBER LOWS ( 1869 ish) BETTER HOLD OR THIS BAD BOY IS GOING DOWN A DRAIN! |
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| To: robert b furman who wrote (21416) | 1/7/2016 7:03:02 AM | | From: robert b furman | | | | Where's dos when you need him?
Here are some 2cs number that I've tracked daily since dos told us how he calculates it.
5 day cumulative number for today is 101.13.
This number is in the lower range of where corrections end as dos wrote back in July last year,
"100-110 historically is where this bear market sentimeter goes at bull market minor pull back lows,
Now we may not be in a bull market pull back.
I'm still calling this a corrective flag and I can see a 5 wave decline of a C wave count fairly clearly on the spx
screencast.com
It is do or die time today or out into early next week. imho
here are the last 5 days of 2cs calculations:
16.93
18.90
22.6
20.08
22.62
With the pre market futures off like they are - it is safe to say put buying will exceed call buying today.
so we'll get a number in the 20's and we'll drop off a 16.93.
That puts tomorrow's 5 day sum in the 106-108 level minimum.
A rough Friday and we'll push 110 ish.
We are close to a reversal point or we have a bear market in the early stages. |
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| To: humble1 who wrote (21418) | 1/7/2016 7:17:43 AM | | From: robert b furman | | | | Hi H1,
That looks wonderful !!
Remember those gold spoon work great!
Red fish bronzed on a charcoal grill chased with chilled cabernet sauvignon.
Perfect weather for a great time.
Best fishing!!
Bob |
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| From: humble1 | 1/7/2016 7:21:27 AM | | | | | | The 5/11/16 (+/-2 c-days) High Pivot Is Still Very Much In Play
(could we be seeing point 20?)
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| From: mad_one | 1/7/2016 10:56:51 AM | | | | | | Revisiting the Dow Bear Gartley
In the fullness of time we can see the Bear Gartley though extended
in time and price beyond AB=CD was a valid pattern as Point X was
never violated. Now we have retraced CD to the "normal" point for the
pattern, time will tell if this pattern marked "THE" high. FWIW Patrick
Mikula's implementation of Gann's Master Time Factor is looking for a
strong reversal here
. Dow Bear Gartley |
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