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To his credit... He did call the top and presumably profited from it.

what a smack from that Level wow

ummm did someone just break the market?

Hey NQ, Have you ever considered making an Algo to trade the 50% replacements and -23% targets?

Page 618.... do we get a crash today? where is Fibo_trader?

God Speed B1... Thanks for making the # 1 financial thread on the web :fistbump:

I was trading mostly NQ at the time, and we kept having these bottom looking accumulation patterns that just kept failing and failing. Exactly like what just happened this afternoon.

This PA reminds me of Late Oct 2018. Something that looks a lot like a bottom but then floor falls out.

Dont think so... Looks at SPX cash chart

2905 should see some support, its 123.6% and also confluence with important levels to the left. Not sure if it will be the bottom but should be a solid bounce.

Id say swing low is end of march with hwb 2874

Nice to see the over night high be almost exactly at the 123.6%

I WATCHED TIM PSCYKES DVD A WEEK AGO AND NOW MY ACCOUNT HAS GROWN 2300% in 3 DAYS... :banghead:

The issue I am having with this 26.25 as a bottom is that this is actually a second test. This level was tested on April 26th when we put in the bottom that day then tested it before heading up again. Doesn't mean its not the bottom but 2nd tests not as potent as first tests.

Looking forward to an ugly close on the monthly candle

And you called this last Thursday.... :D and they say Technical Analysis doesn't work... Reading through the book that you recommended I can see now how you got the target for the measured move.

Are you watching the NYSE TICK in your trading?

a bit surprised there was no gap up

Hey glazier, Do you think maybe you are over trading? why not wait for the A+ setups and only take 1 or 2 trades a day and be done with?