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Strategies & Market Trends : Zman Market Timing -- Ignore unavailable to you. Want to Upgrade?


To: The Ox who wrote (14088)3/2/2017 3:40:20 PM
From: The Ox  Respond to of 15903
 
ADX is looking extreme....




To: The Ox who wrote (14088)3/2/2017 7:59:30 PM
From: AdvocatusDiaboli  Read Replies (1) | Respond to of 15903
 
Agree with all you said.

The Big Kahuna is not due till Late Sept/Early Oct 2017.

Suggested recipes needed for those cajones. Here is mine.




To: The Ox who wrote (14088)4/3/2017 12:16:07 PM
From: The Ox  Respond to of 15903
 
Message #14088 from The Ox at 3/2/2017 2:58:04 PM I'll be very glad to be wrong but I'll take the other side of that range....2300 first before 2600.....

I just think that this type of a momentum move is running nearer the end of it's short/intermediate move. No big kahuna or anything like that but even a 5% correction would move the many overbought conditions in the charts to a point where 2600 would be very easy to attain..... Having said this, it's not wise to get out in front these strong bull moves until they show clear signs of tiring!!