SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : CFZ E-Wiggle Workspace

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: skinowski who wrote (40189)4/18/2024 8:27:27 AM
From: robert b furman  Read Replies (1) of 41469
 
Good Morning Ski,

Sounds to me like we can expect a B wave next to me.

Options expiration tomorrow. Lots of swings today and tomorrow but after all the swings horizontal finish on Friday is usual.

Full moon on Tuesday, with RSI as low as it is, reversal is imminent.

I usually expect a day or two of post option expiration.

I say let's get the full moon over, and ride a short B wave, Before this decline finishes up the ABC corrective that was due from a long uptrend, that was created on too optimistic hype on Fed rate cuts.

I'm watching oil for IF that ABC morphs into a bigger A or an impulsive wave up.

Oil at $100.00 plus would do that, and deeper declines would be expected.

Hoping you and family are enjoying the spring time - my favorite time.

Bob
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext