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VOLUME DYNAMICS

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    Trading, Technical Analysis, Electronics, Networking and Communications, Semiconductors, Precious Metals and Commodities, Currencies - For More Information or to sign up for our DAILY FORECASTS - www.volumedynamics.com

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  1. So folks... we started this series of threads here on the #CoronaCrash a month ago: We gave a short update two weeks ago on 3/22/20: Now we are going to extend the downside projections focusing on NASDAQ... Why? Because Nasdaq is the STRONGEST of the indices... All the other indices have TESTED their last EXTREME CRASH LOWS from the Christmas 2018 Crash and most are trading WELL UNDER those targets... So that leaves us with NASDAQ 6190... the last one to be tested... we can very well judge the health of the market by watching this NASDAQ which had that 6190 target, but was able to bounce sharply at 6631...we still believe the odds favor a test of 6190 at this time. If the market suddenly and dramatically improves, that would be a welcome outcome at this point. My job isn't to sell HOPE... I will leave that to the television anchors and Wall Street "ANAL-ysts" This thread is offered as a public commentary in times of turmoil to give folks an idea of what to expect now and how to gauge expectations... So first of all any substantial bounce in our leadership (to the downside this time) indices -- RUT and DJT will be a glimmer of hope... Remember these two indices led the market higher off the bottom in 2009 to new all time highs, they were first... Now it's just the opposite... unfortunately the guidance we are seeing from those indices are NOT ENCOURAGING... Here is where we are today with NASDAQ and it is OUR LAST HOPE... because it is stubbornly holding that #ChristmasCrash2018 Low. As I said, we see odds for that to break and break soon...
  2. Covid-19 CRASH UPDATE...

    Covid-19 CRASH UPDATE 03/22/2020 Initial ABC DOWN STRUCTURE COMPLETED and EXTENDED TO DOWNSIDE... OK so from here, we are in a SEARCH FOR SUPPORT... and this last week... Despite an UGLY DECLINE - LARGEST SINCE 2008 CRASH... There is a SIDEWAYS PATTERN here on the daily... however it was punctuated by lower lows on Friday's OPEX - New 2020 Lows... This sideways pattern is going to end, and we will make a SUBSTANTIAL MOVE of approximately 10% of present values either up or down... we still see odds for down and fundamentals may support that... HOWEVER we still have fresh in our memory the CHRISTMAS CRASH... and how many joked and scoffed at Mnuchin and his PPT, they engineered one of the biggest rallies in memory to new all time highs beyond belief and that rally came from the levels we are right now... Those Christmas Crash Lows. So with respect to this CHRISTMAS CRASH SUPPORT LEVELS... there are CONSIDERATIONS. NASDAQ Hasn't quite made it to that level... 6190 SPX CLOSED UNDER THE CHRISTMAS CRASH LOWS ON FRIDAY... RUT and DJT (the leadership off the bottom in 2009) BOTH CLOSED WELL UNDER CHRISTMAS CRASH LOWS and are TESTING Jan 2016 Lows... We think if we see another breakdown in the NASDAQ especially since it is the "last of the Mohicans" here STILL TRADING OVER it's 6190 Christmas Crash Low... this will open up... A TEST OF THE NOVEMBER 2016 ELECTION LOWS... SPX 2083 NASDAQ 5034 So we all need to hope the measures our public officials are implementing work... otherwise, we are all looking at a very bleak future ahead... In the meantime, this is still a fantastic market for DAY TRADING and HELL for HOLDING... So that's what we do is enable TRADERS here with our DAILY and REAL TIME INTRADAY guidance. Sign up as a member for our updates, it's FREE. in the upper right hand corner of the page.
  3. Covid-19 ABC DOWN STRUCTURE

  4. Covid-19 ABC DOWN STRUCTURE

  5. Covid-19 ABC DOWN STRUCTURE

    We'll be doing a new thread soon... Just for today though... our BULLISH OBJECTIVE TARGET NASDAQ 7486 7401 here UP 500 on the day's high
  6. Covid-19 ABC DOWN STRUCTURE

    Well our Covid-19 ABC DOWN TARGETS were tested and broken on Thursday Repair work today, closing up... and back above the original targets. We'll see how far the bounce progresses. 1.5T from the F'eds with 1/2 point cut could theoretically fuel a large bounce.
  7. Covid-19 ABC DOWN STRUCTURE

    OK so one more little sample... XAU traded today as low as 77.13... The XAU was at about 103 when I wrote THIS back on 3/5/20:
  8. Covid-19 ABC DOWN STRUCTURE

    So here's another snippet from today's subscriber update thread: We dialed into a year ago on the SPX for insights into the trading range: SPX at 254X So we'll see how it plays out...
  9. Covid-19 ABC DOWN STRUCTURE

    This is how we can calculate our ABC Targets, and then try to verify them with Volume Pivots... such as the one we posted... LAST SATURDAY on ES... Today is Thursday, we hit the target...2600... ES Opened at 2916 on Sunday night, it's down more than 300 on a HALT at 2601.00 A hell of a call, but one that was made with CONFIDENCE. But I digress, because SPX is not all we cover here... we cover gold, oil, NASDAQ, SOXX, RUT, XAU, DJT, GS and AAPL. We have all our support and resistance data for more than the last 10 years... we're ready for this.
  10. Covid-19 ABC DOWN STRUCTURE

    Well folks, it's still a long way to the bottom... perhaps even 666 on the SPX... We have all of our forecasts in our library... with the local support and resistance... We just simply look at the price, cross-reference with the historical chart. Dial into the date, and we're ready. We have all the forecasts and data going back to when this bull market started in 2009.
  11. Covid-19 ABC DOWN STRUCTURE

    ES - LOCK LIMIT DOWN THIS MORNING AT 2601
  12. Covid-19 ABC DOWN STRUCTURE

    From Today's RUT Forecast... RUT has reached the target of it's Covid-19 ABC DOWN STRUCTURE... TRADING UNDER LEADING MARKETS DOWN...
  13. Covid-19 ABC DOWN STRUCTURE

    1285s RUT NO BOUNCE
  14. Covid-19 ABC DOWN STRUCTURE

    So far now.. .VOLUME NOT AS STRONG as yesterday... We'll see if that sets up a bounce off support... but support testing can see a fall to y 'day low of 7930 Nasdaq
  15. Covid-19 ABC DOWN STRUCTURE

    From Today's RUT Forecast: it is trading at 1296 currently...
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