Replies to post #31017 on Zeev's Turnips Patch-No Politics (ZEEV)

[ajtj99]

Oh, I'm not sure you'll hear uncle, but 1242 COMP is an important level to watch, IMO.

The NDX made a lower low today, so it needs to be re-tested after the ramp is over.

Watch for one or two white candles (including today's), one or two dojis, and two red candles.

Note that whenever we get new lows on any one index, we eventually get lows on all indexes.

The SPX did not make a new low below the July lows. The BTK did not either.

That's pending, IMO. It may not happen for a week or two, but I believe it is in the cards.