Also, what timeframe are you looking at? By the end of NY, Tokyo, or what?
Craazy
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DislikedForthose who watch the DOW and the correlation between the two is possible for it to go to 13920 before trouble. For what it is wothIgnored
DislikedSeems like a huge target? What's your reasoning? I was thinking 2.03 would be a stretch.
Also, what timeframe are you looking at? By the end of NY, Tokyo, or what?Ignored
DislikedI think you have the right idea there, although your stop could be a bit higher. 2.0500 would make the trade invalid, but 2.0475 has been touched as the top part of the range before. Just sayin, would hate to see it touch there and then drop.Ignored
DislikedThe price will consolidate from the zig zag move. We will see a continuation of this bearish correction during the early hours of Tokyo.Ignored
DislikedDear Aus, what correction mean , did you mean GJ or will go up more and more , or the price will oppsite, please clear Mr.ausIgnored
DislikedNIKKI; Me not bein the brightest bulb in the barn, here is what I'm seein. DOW is looking for a retracement to about 14000. Need to see were it's at next hr, could continue down but day is closing. After that back down to about 13830, but first it will need to get through the 13900/13890 area, maybe tomorrow, if that is broken then we can look lower, could see 13500 by weeks end. Again needs to get through the 13900 stuff. I can post tomorrow what I think, if ya want. I have changed from chaps (bull riding pants) and have gotten READY TO RIDE THE SLIDE. Just like Markam said.Ignored
DislikedAus, on a serious note, can I ask why you see this as a major drop instead of a minor retracement before continuation of the overall trend. That is assuming you agree with me that the major trend is bullish (ie daily, 4hr)Ignored
DislikedIf the bears persist then the minor support should take about 3 to 4 hours to break (end of US session).Ignored