$IWM is breaking below its July low today while the lower weekly BB is expanding down. With the next weekly cycle low being 2 weeks away we have a failed weekly cycle. At this point it means that the November high was the 7 year cycle high and IWM is in a bear market. pic.twitter.com/8eUOY4qzLr— CyclesFan (@CyclesFan) January 18, 2022
#NDX, 1d— Yuriy Matso (@yuriymatso) January 18, 2022
NDX + 50d EMA
NDX dropped below its 50dEMA, bounced, retested it (red arrow) and resumed its drop.
This could technically be the first major lower high of a new down trend. Will be confirmed if NDX drops below 15000 establishing a new lower low.
Decision time! pic.twitter.com/CqMpSxxSXr
JUST IN - Russia stock market (Moscow Exchange Index) down 6.5% in largest 24-hour plunge during the pandemic. pic.twitter.com/gm8jREWaoU— Disclose.tv (@disclosetv) January 18, 2022
Day 1 of Crash: (1) it looks like the Blue Road won--reduced my 1/19 460 puts to half. Keep ALL 1/21 & 1/24 460 puts. (2) this is Day 1 of my mini-crash window--still more to come--when panic hits the street. No panic yet. (3) the chart I showed 1/15 only give part of the selloff
Chart Update: (1) possible path forward--no confidence, as in a major down draft--like in the 3rd of 3rd/C wave, the oversold will lead to a mini-crash, not to a rebound. (2) the next couple of days are very dangerous as far as Astro is concerned--geopolitical conflicts...
Global food prices close to all time highs…— Wall Street Silver (@WallStreetSilv) January 18, 2022
sky-high fertilizer prices will inevitably lead to lower crop yields…
We are already at levels which lead to protests and the “Arab Spring” riots. pic.twitter.com/h4OX5HbZFO
added another dimension & Elliott-Wave— Kerberos007 (@kerberos007) January 18, 2022
confluence is KEY
volume profile & Elliot wave
1) VP POC
2) VP VAH
3) VP VAL
4) plus order-flow stealthy (passive limit orders @ bid) accumulation, absorbing all aggressive sell-orders at the bid, a Hammer at the bottom
5) then lift-off😉 https://t.co/epFiHQ0QC7 pic.twitter.com/fAszNNnmmu