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Strategies & Market Trends : Humble1 and Swing Trading Friends -- Ignore unavailable to you. Want to Upgrade?

To: POKERSAM who wrote (28807)	5/13/2018 2:54:05 PM
From: scoot1212	Respond to of 41167

I share your opinion of H1 and this site. The markets have zoomed off the low 6 days ago. They made it break above the downward trend line from January, too. This looks like it could be quite the bullish head fake, though. If I'm wrong, then this thing may have a screaming short-cover, which will have H1's call look brilliant. This is a pretty good place to straddle the market. I'm betting on major news this week as an excuse to move the markets, either way. Precious metals are poised for an upward volatility break out of a coil as well. Ten and thirty year yields are bullish too. Wonder what the surprise will be this week?

To: POKERSAM who wrote (28807)	5/13/2018 8:09:36 PM
From: sandeep	Read Replies (1) \| Respond to of 41167

H1 is on fire right now. Pokersam, the market is ready to take off - looks like.

To: POKERSAM who wrote (28807)	5/19/2018 12:11:52 AM
From: POKERSAM	Read Replies (1) \| Respond to of 41167

Well, here we are at the end of opex week and as expected it was out of the ordinary. opex is usually an up week but those expecting the usual were disappointed. The DOW had a top to bottom swing of 354.8 points and closed off its low at minus 116.08. The SPX suffered a similar fate with a 40.19 point swing and close off its low at minus 14.75. The RUT did better for the week closing at 1626.63 up 19.84 and a new ATH. There were a few radical bulls who predicted that this week would be up huge across the board. They, of course, were wrong. A decline from S&P 2742 of 350 points is still expected. This Intermediate wave (3) will have the usual five waves down and three waves up pattern repeated four times with the final fifth wave down to end wave (3). These 5 minor waves will be labeled 1,2,3,4,5. This is based on the evidence now present and is my best estimate of what is to come.