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jxyzobrien

08/30/18 3:19 PM

#2117 RE: jmb015 #2115

extended 5th wave
excess at the top and confirmed by breadth and ticks.
so we will get oversold bounces but channel will not hold.

wrong chart sorry
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jxyzobrien

08/31/18 8:22 AM

#2119 RE: jmb015 #2115

bottom of range ES 2663
a normal move with some juice. not gonna get there right away


overnight is 100% short so there will be 65% chance we have some short
covering.

could not get below S1 so bears not doing a great job bulls
just do short cover rallies.

for the selling to end we need 4hr rsi 30.
hanging near value low so should enter

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jxyzobrien

08/31/18 9:22 AM

#2121 RE: jmb015 #2115

money flow real bad
that has been going on for awhile. along with huge insider selling

we hit a major support area so i expect some bounce. first time against
this support holds for a bit then gaps past.