sp'15min
sp'60min
Summary
My earlier target of sp'1634 was hit, and indeed, we even saw a reaction-bounce off it, but..Mr Market had another wave, and we've seen a rather swift fall to the mid 1620s.
Yet...the key low of 1622 has (at least so far) not been breached.
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If what we have just seen was the bears best effort...the next few days are going to be a real train wreck. Or should that be..'van, car, scooter, bus, fence... wreck'?
ps. the China man...lived.
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updates into the close
UPDATE 3.07pm... primary target for tomorrow is sp'1655.
I hold HEAVY long overnight....despite the little 'extra wave' lower, I think bulls look fine into Thursday at least.
3.18pm.... still holding together....bears look to be in real trouble.
stay tuned
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3.25pm...any move into the sp'1632s.. will open up a little a jump higher into the close. Bears..beware!
3.33pm...snap...as expected. Lets see what those bull maniacs can manage into the close.
3.38pm.. bears should be frankly...terrified of tomorrow. First upside is a rather obvious sp'1650/55.
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Market about to go + cycle on the 15min...and the hourly and daily charts will be backing it up into Wednesday.
back at the close