Replies to post #2792 on Zeev's Turnips Patch-No Politics (ZEEV)

[ajtj99]

LG, the re-test has to happen off this new low within 3-4 days, IMO, or this will crap even worse than I thought.

The fact that the COMP and NDX bounced before hitting the bottom of their channels makes it even more likely that the re-test will happen and we won't have a run-away rally, IMO.

July Max Pain on the QQQ is now at 25, so to expect a rally to exceed NDX 1040 (around QQQ 26) is a bit on the optimistic side. That price intersects a pretty strong falling resistance line that has capped the last two oversold bounces.

[wstera2]

Ouch! Too close to home :-
Good one LG!

Ö¿Ö

[epsteinbd]

Memorize ? Who needs to memorize what's already in our genes.