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.
Another Zigzag? (1) so far, the lower BLACK trend line acted as a strong support--the pop & drop open scared both bulls and bears. (2) 30-min, 2 hr, RSI & other ST indicators are oversold, and accumulating energy for a final move up. (3) DTK is still blue & cycle turn date 9/17.
11:30AM: Here & Now: (1) bulls have to save it here right now, or it may face a potential waterfall. (2) watching closely. I would like to see a gap-close and then run all the way up. (3) that said, VIX is ready to explode higher.
4:30PM: Another Zigzag Correction: (1) 5 minutes after my "here and now" tweet, SPX rebounded and staged a 20+ point rally till the close. (2) without a sizable gap-down to mark the 3rd wave, this series of downward moves are corrective--meaning, 4545 would be broken again. (3) DTK blue.