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Alsi one more run

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FEK
Super Contributor
Thanks, what's your views on Anglo and Anglogold ????
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GAP CLOSE ABOUT TO START?????
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Rams
Super Contributor
closed my short but not long yet.SP500 does not know where it wants to go...
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Anglos down, gold down,silver down.Dollar strong.But before that there is still a great possibility for the last run to new highs on the dow and sp500,and the alsi to 29800+-.Whether this is going to happen i can not tell for sure.
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Rams i think sp 500 just started wave y up to close our gap before more downside.
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How can it??? It is like 3.30 in the morning in New York.
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sp500 futures??
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Rams
Super Contributor
ALSI FUTURES 1 HOUR. Yesterdays high was 61.2% ABC correction of previous trend, now ALSI in wave 1 down and confirmatiom will be trading below 28398(wave B low) and then trading below 28190(wave C)....even if gap closes and trades back down...
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SimonPB
Valued Contributor
740 entry for gap trade (also would be a break up out of range) .. target 930 ..
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Rams
Super Contributor
Yes I agree. But will it close, not likely after 1 hour and we still more that 100 points away from 740
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Just got off the phone with miss market, she said the gap is a no go, maybe next week she be open for business..btw hope u guys filled up on shorts in this little consolidation
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Dont listen to her.She might be misleading u.
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SimonPB
Valued Contributor
no idea, set my levels and wait .. break below 500 on volume would see me short ..
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Rams
Super Contributor
well it looks Frost likes her short
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Rams
Super Contributor
well it looks Frost likes her short
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Not applicable
well mis market wanting to go down im not going to say no..still short from yesterday,so good trade sofar
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Rams
Super Contributor
she might be down there for a long time because you not long yet..eh eh eh
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Rams
Super Contributor
short and cold, thats Frost..... sorry just some humour
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Not applicable
Yes u were right.I should have stayed short yesterday.But for now i think she is going to visit the trendline at 28360 and then go for the last lap up to 29750.She can also surprice us like usual and start her last run sooner.
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Rams
Super Contributor
I got 28490 as support, bounced off already, but if trades below, then more downside.
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