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By Master Wu Master WU
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.

Daily Review

2021.11.10

DTK Red Alert: (1) DTK turned RED at the open, first time in two months. (2) two major trendlines converge around 4720 zone, including the LT Blue line linking 2010, 2011 & 2015. (3) a mild 23.6% w-4 correction would take SPX to 4620 zone, and range-bound for some time to digest.

100+ SPX Point W-4: (1) DTK is in the RED zone, and I expect this retrace would be 100+ SPX points, reaching 4610-4620 zone this week; (2) 4555, a 38.2% retrace, is also possible--but given the strong momentum, it is less likely. (3) in any case, this should be the last dip.


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