forecast by Market Extremes
https://www.financia...feed&refresh_CE
10% wall street correction starting from mid august
Started by
andr99
, Jul 16 2021 04:03 AM
14 replies to this topic
#1
andr99
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Posted 16 July 2021 - 04:03 AM
forever and only a V-E-N-E-T-K-E-N - langbard
#2
andr99
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Posted 16 July 2021 - 04:05 AM
by the way, since there' s a top/correction post every week or so, I have provided one myself even though the forecast is not mine
Edited by andr99, 16 July 2021 - 04:06 AM.
forever and only a V-E-N-E-T-K-E-N - langbard
#3
pdx5
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I want return OF my money more than return ON my money
Posted 16 July 2021 - 09:24 AM
Why only 10%? Let's go with 20% by Halloween.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
#4
K Wave
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Posted 16 July 2021 - 09:31 AM
Barring a massive recovery today, RUT weekly looks to now be be a VERY precarious position on weekly chart...looking like a breakaway downside after a massive failure....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#5
andr99
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Posted 16 July 2021 - 09:40 AM
Why only 10%? Let's go with 20% by Halloween.
I don' t know......I just reported someone else' s forecast......lately there are so many top calls all around that I thought to post one myself even though the forecast is not mine....LOL
Edited by andr99, 16 July 2021 - 09:41 AM.
forever and only a V-E-N-E-T-K-E-N - langbard
#6
K Wave
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Posted 16 July 2021 - 09:45 AM
Remember, after a big looong run to the upside, crash type moves happen upon breach of hourly 900.
Not saying it happens every time, but it is where they generally occur.....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#7
K Wave
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Posted 16 July 2021 - 09:50 AM
A close under 3200 on SOX today could very well seal in a big ol' 3 Divergent Drive Top....and those can lead to brutal and fast declines.....see Bitcoin 50% haircut for recent example...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#8
K Wave
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Posted 16 July 2021 - 09:52 AM
SOX 15 min chart at the edge of the abyss here....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#9
K Wave
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Posted 16 July 2021 - 09:57 AM
Big 5 Fang index with deteriorating momo on houlry chart as momo takes out all the series of lows, after what looks like possible breakout/fakeout move at 5250 area...
A close under 5250 today could easily lead to a back test of the 4800 breakout...or worse, considering the huge bubble it is in...
Edited by K Wave, 16 July 2021 - 09:57 AM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#10
LMF
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Posted 16 July 2021 - 10:32 AM
So far this is another trifecta down day where we learn nothing, its just expiration. SPY down , Bonds TLT down and Gold down.
