now that i look at it... we are on the same page bro
dx update.
after having extensive conversation with q, think the wave 4 (118-163) option is still alive;
slightly different than q's count, but basically speaks the same and would not affect the trading decision.
another crash of geppy is also being supported by the second crash of dow.
2007 high marks the end of wave 5, and wave B has formed as predicted. looking at daily chart on dow,
there is a massive bearish divergence all over the chart, indicating a major warning sign to buyers.
dx is also bottoming or has bottomed out already; another sign...
geppy update:
not a single entry has been hit.
just scalping here and there for few profits and got stopped out.
geppy is confusing me left and right these days..
daily says down but monthly qqe has crossed....
now, 4 hr is saying up....
looking to go long again at 142.50 area if reversal sign is there.
if that doesn't work out then forget trading geppy for few good months.
darling geppy update...
getting close to the projected entry.
didn't get a chance to load up longs, but should had been a good scalp.
going to let this go for now but will be waiting at 142 to load up.
the pattern is becoming more concrete: abc pattern and c wave is ending.
note that there is a bullish divergence forming on 4 hr chart.
if price drops one more time then i think it's going to be good trade.
might be a boring week....
geppy update...
geppy tumbled down today to the major support 139.50.
could not take out the support, so i would expect a bounce but i don't see clear buy signal yet.
need to watch carefully from this point on.
if we break the major support tomorrow, which i seriously doubt ATM, then sell all rallies.
if bounce without clear buy signal then wait at the top which should be somewhere ar'd 149ish area.
note: bullish divergence is gone.
no need to post chart... geppy closed above support forming a nice doji so far (4hr chart).
