The extension would be better if the Index went a little lower and bounced of the 2000 zone. Because a proper crab can get all the way down to 1.618 XA and 2.618 BC. But the index looks like it has found support at some shallower harmonic levels so I am issuing a bullish call to start building a position in Shanghai Class A Shares. A full position will be...
As Mega Bullish I am on the Price of Gold. I can ignore this perfect gartley in GDX. Also Big Put Buyers at the end of last week gives hint that someone else is feeling bearish about the miners as well.
The sloppiness of the current wave environment hints to AAPL being stuck in a 4 within a 4.
the Clarity of the 5 wave move into the 700 high is very easy to see was probabily a larger wave B, within our current larger 4 corrective environment.
Things that cant be ignored.
1. Lots of whipsaws on trend following systems. - Hints to the corrective like moves we...
Lots of Momentum Divergences in $aapl.
As long as it can hold 644 bullish trend is intact.
Below that might see a substantial retracement...
To Me $aapl has completed a full 5 wave advance and has some
weak trend signals. Since AAPl is sitting at a very delicate level
caution is signaled as the 660 level is a very important support level.
DMI- Is already in...
at 11am today paper bought (when long) a opening option position of
23,000+ OCT12 $TLT 124 Puts today for $1.97.
Big Money is either hedging a huge stock position 11 million +/-
or Huge Bearish option trader just showed us his play....