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Hello - I think we get a bounce now to 3327, and back down to 2800 area beginning to mid July. MY opinion only. I think your scenario is close to mine.
Agree - before US & EU trading yesterday (THURS 11 June) Asia Pacific stks had broken downtrends ahead of this. Size of move (-1861pts DJIA & -529 NASDAQ) and position on EW count indicates some sort of decline has begun). If so therell be minor bounces / pauses along the way.
Note the main FAANG stk AMZN reached its wave and swing range on WED 10 Jun and as result came of heavily last night -89pts.
There is a possible EW 5 count up there from the March & May lows. Min req. And on LT chart too if you allow for a unusual shaped seq.
If I had been trading it on the upside since 2009 I wouldnt be holding any stk now based on the technical chart EW position. Even if it were to have a few more bursts of advances it would still be in selling territory.
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Hello - I think we get a bounce now to 3327, and back down to 2800 area beginning to mid July. MY opinion only. I think your scenario is close to mine.
ReplyDelete99.5% of SPX stocks closed red today. Initiation move.
ReplyDeleteAgree - before US & EU trading yesterday (THURS 11 June) Asia Pacific stks had broken downtrends ahead of this. Size of move (-1861pts DJIA & -529 NASDAQ) and position on EW count indicates some sort of decline has begun). If so therell be minor bounces / pauses along the way.
DeleteNote the main FAANG stk AMZN reached its wave and swing range on WED 10 Jun and as result came of heavily last night -89pts.
ReplyDeleteThere is a possible EW 5 count up there from the March & May lows. Min req. And on LT chart too if you allow for a unusual shaped seq.
If I had been trading it on the upside since 2009 I wouldnt be holding any stk now based on the technical chart EW position. Even if it were to have a few more bursts of advances it would still be in selling territory.
What does MTU think ?
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ReplyDeleteHello my dear people, I am Linda McDonald, currently living in Austin Texas, USA. I am a widow at the moment with three kids and i was stuck in a financial situation in April 2020 and i needed to refinance and pay my bills. I tried seeking loans from various loan firms both private and corporate but never with success, and most banks declined my credit ,do not full prey to those hoodlums at there that call them self-money lender they are all scam , all they want is your money and you will not hear from them again they have done it to me twice before I met Mr. David Wilson the most interesting part of it is that my loan was transfer to me within 74hours so I will advise you to contact Mr. David if you are interested in getting loan and you are sure you can pay him back on time you can contact him via email……… (davidwilsonloancompany4@gmail.com) No credit check, no cosigner with just 2% interest rate and better repayment plans and schedule if you must contact any firm with reference to securing a loan without collateral then contact Mr. David Wilson today for your loan.
They offer all kind of categories of loan .
Short term loan (5_10years)
Long term loan (20_40)
Media term loan (10_20)
They offer loan like
Home loan............., Business loan........ Debt loan.......
Student loan.........., Business startup loan
Business loan......., Company loan.............. etc
Email..........( davidwilsonloancompany4@gmail.com)
When it comes to financial crisis and loan then David Wilson loan financial is the place to go please just tell him I Mrs. Linda McDonald direct you Good Luck.......................