update: ET traders know better than I do the simple fact of the matter: All my methods are failing in this bear rally. And if its not a bear rally but the real thing, then its no wonder everything is failing. Still a bear rally to me. That is the bottomline. Toolbox is empty. I continue.
Wrong again, more false breakouts. Now trying this ........................ When same trendline breaks out again, it should be it http://tos.mx/tHO4LC7
Thursday July 21st, 2022 market ends with sorry, no good news to report, losses abound, stop remains at catastrophic level as stated already no change in level. Stops taken out on any position have generated final losses, no more unrealized for these instances. NO WINS thus far. That's exactly the way it is.
Update at 3:00 PM Pacific time on Thursday after a deeeep nap Full battle gear will be put on later today as I stare at the MONTHLY & WEEKLY & DAILY timeframes for QQQ. Then I will repeat this big perspective view over the entire weekend if Friday gives no joy. Then I'm ready to go into the final stage of battle A gnawing fear in my stomach is that I'm sleep-walking like Biden into WW3 as the horror of the imagined whisper from Mary is that Lucifer is driving Q to the 23.6% Fibonacci level monthly at 318 and the 200-day ema at 328 The grid is from $25.05 (11/1/08) to current Top $408.71 (November 2021) Monthly timeframe is my forte. If I can't call upon it when I'm up against insurmountable forces then I am really screwed The Monthly force points down sharp but I shall stare at it more, more, more http://tos.mx/STkr9bD Even Josey had help. I got nothin.,
Prior difficult Market situations were won for the most part but this one is the most difficult I've encountered as I have never seen the GOLDEN RATIO trashed An encounter of lesser degree can be seen here in this video ...........
QQQ weekly ............ note that the 200-wk ema is slingshot energy ............ you better believe Lucifer will use this to the hilt http://tos.mx/EcVPF7p
QQQ Daily ......... note that the horizontal red dashed lines here on daily and on weekly above and on monthly are exactly the same grid as shown in the monthly a few posts back. http://tos.mx/wkn7uJB
Vix .............. 3 bad calls before this update ........... leaving (5) marked as shown but obviously it will only be correct if its at the actual true low, but its as-is from yesterday with dashed line done now showing where a breakout topside would be OK to seize http://tos.mx/ycwjzMz