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

To: Fintas who wrote (6503)1/4/2019 11:10:36 AM
From: Fintas1 Recommendation

Recommended By
toccodolce

  Read Replies (1) | Respond to of 26710
 
Follow up to a previous chart of the SPX to show the turn to O's as I suggested.

Now on this day we have the gap up and because I'm now using the 2 box reversal things can change again. BUT.. The 3 box reversals of the larger 162 down to the 97.2 are all DOWN.

So those who think up and away might want to re consider because one can now see that upside is constrained and when this rally ends and it will. THE COUNT down in the larger boxes will continue and that simply means EXPECT 2268/2016. OR not.. That's up to each to decide.

On an aside, don't be confusing bounces with a change in trend whether it be the SPX, DJIA,RUT, QQQ or apple. Apple is heading lower. How low will be determined by those who are willing to throw their money at it to hold it up at ? TWT how that games works. I will not be surprised to see 120-130 now that my safe target down was hit. and again. IMHO Fintas.

1819
3013.20 3013.20
2988.90 2988.90
2964.60 •2964.60
2940.30 X•2940.30
2916.00 XXO•2916.00
2891.70 XOXA•2891.70
2867.40 X89O•2867.40
2843.10 XOXO•2843.10
2818.80 XO•XO••2818.80
2794.50 X2X•XOXX•X•2794.50
2770.20 XOXXO•XXOXOXO•CO•2770.20
2745.90 XOXOXO•6O7OXOBOX•XO•2745.90
2721.60 XOXXOXO••XOXO•OXXOXOXO•2721.60
2697.30 1OXOX3XO•X••XO••OXOXOXOXOX•2697.30
2673.00 COXOXOXOX•XOX•X•OOXOOXOXOX•2673.00
2648.70 XOXOXOOXOXX•XOXOX•OXO•OXOXO•2648.70
2624.40 XOXOXOXOXOXOXO•5X•O•OOXO2624.40
2600.10 BOOXOO•4XO••O•OO2600.10
2575.80 XOX••O•••O2575.80
2551.50 XO••O2551.50
2527.20 A•O2527.20
2502.90 X•OX2502.90
2478.60 X9•OXO2478.60
2454.30 7OX•OX12454.30
2430.00 68•OX2430.00
2405.70 •5X•OX2405.70
2381.40 3•4OX•OX2381.40
2357.10 XOXO•O2357.10
2332.80 XO•2332.80
2308.50 X•2308.50
2284.20 2•2284.20
2259.90 X•2259.90
2235.60 •2235.60
2211.30 2211.30
2187.00 2187.00
1718


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