+1

try 6 hours.

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*10-day 2-hour scale*



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we've reached a short-term bottom. rebound is likely, CCI will reach to its recent high (at about -50), and then likely bounce. this corresponds with a price of about $100. if we break through this resistance, we could see as high as $125, although mitigating factors like low liquidity on weekends may affect these values.

--arepo

edit:

exactly, the utter despair on the forums today along with the oversold signals on many oscillators, and a high-volume doji at the $80 bottom all point to a significant rebound.

ok wake me up when we going up bro.

market sentiment lags price perfectly

Your analysis makes me feel comfortable with a prudent-sized profit-taking limit order for the weekend positioned in front of the ask wall at $105, using some of the lots bought at $87 and $80.

Based solely upon a comparison with the corresponding August 1, 2011 capitulation, I believe that this bottom of this capitulation could still be two or three days away, i.e. Monday, and could also feature a 15% culminating selling blow-off as did the comparison. And most importantly, I believe that this bottom is not the post-bubble bottom.

For reference, I have dubbed this one the Great Capitulation of 2013 - none bigger.

105

69$

$94

$3500 and a free iPad

TV ... help ...