On every trading day, after market closes, I would choose 10 best tweets from the Fintwit World and rank them on thoughtfulness of their ideas and informative of their charts. Please tweet your nominations for Top Ten Tweets (TTT) to my account @MasterPandaWu.
Paradigm Shift: (1) the huge gap at the open is a 3rd wave, most likely the 3rd of 3rd. (2) 4485-4305 leg is EXACTLY 162% of 4545-4436 leg, a normal ratio for w-3/w-1. (3) a sharp w-4 rebound is due, aiming 4400 area, but shouldn't close the orange gap. Then w-5 to lower low.
Evergrande & DTK: (1) Evergrande is one of many China's giant real estate developers, which more or less, are on the same boat as Evergrande. (2) the last DTK Red Alert was on Aug. 16--the date when DJI, SPX & NYA set an ATH; Not till today did I find out DJI never tops that high.