06/18 Intraday update

8:46pm

if gap up big tomorrow, it’s a good short entry opportunity. 

 

Though this corrective wave has not finished the 50% retracement in price, it has finished that in time…  sometimes price and time can replace each other……

 

 

3:07pm

the market is even weaker than i thought.  next week will definitely be “wahahaaaa” time for bears… :)  will be out for rest of the day.  today tomorrow is the OE day, expect it to be wild…

 

 

2:44pm

uptrend lost the momentum.  let’s see how this consolidation plays out…

 

1:01pm

back to the track now…

 

 

11:58am

 

 

 

11:06am

one more thing before i leave for a while.  38.2% and 50% retracement are both potential reverse point for wave c.  my target drawn here is based on my own system.

 

11:03am

Very often, wave C accelerates to the target and has we may see a sharper slope here.  but i can not tell at this moment.  only market can tell.

 

10:58am

No surprise yet, right?  :)