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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (6477)12/30/2018 7:48:10 PM
From: Chip McVickar  Read Replies (2) | Respond to of 26780
 
the lower green tine is obviously in play... and price blew right past its median line (no attraction) and now price is very near the 1/3rd divisor between its median and lower tine

so the question is what support or gap or fib would draw the market down that far to the lower tine...?
today it is holding onto the deep-red lower tine...?

a magnet attracts and then repels - will price be pushed be higher or lower off the deep-red lower tine...?
to date the markets reaction was very strong off the median line of this deep-red fork... and price broke the orange lower upward tine as well

time is the most important element and nothing to date tells me we've seen a bottom

btw... friends of mine are off for a month on the baja peninsula for kite surfing on the gulf of california...
ever been down that far to enjoy your passion... they say the winds are superb...?