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johncen replied Oct 10, 2025i am expecting going back to 168x or 172x next week or two before further down but if we go above 1750 then bull is back in control based on that my initial plan is to start building longs to hedge my shorts
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johncen replied Oct 10, 2025bear pressure remain strong today so may not see much movement… so as Monday as its public holiday in Japsn and US?
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johncen replied Oct 10, 2025bear remain in control so i think we may see a close below 1589. We are not even able to hit 1589 again after London
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johncen replied Oct 10, 20250.38 at 168x 0.5 at 172x my tp at 168x for now as long as we are below 175x bear should do well above then this plan is void. closer to the end of the month, tweets about rate cut will be back. And once govt funding is back nfp is back.
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johncen replied Oct 10, 2025weekly close is what it matters, is it below/above 1580 level i would like to see pa spending a couple of days bottoming to set for wave b
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johncen replied Oct 10, 2025i will need a wave B to see below 1391. could be 1680 or 1720. Will take time to get there i guess
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johncen replied Oct 10, 20251h closed bearish, 15m bear flag set up if break back below 1566 then mayb bear continues to 1527 level. i doubt it for Friday though, after 4 days of almost 200 pips drop
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johncen replied Oct 10, 2025no tentative mark next to it so we should have this data today
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johncen replied Oct 10, 2025yea first resistance level hit, let see what 4h close says, it might come down first to gather some more power
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johncen replied Oct 10, 2025very good spotting Gator! 158x key level to me so above or below is crucial for weekly close! yesterday we broke this level easily with not much effort. Not sure if bull will try to reclaim this level first for today
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johncen replied Oct 9, 2025its all pointing south for now! I hope we can get to around 1615 before another leg down
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johncen replied Oct 9, 2025Very steep down trend here. not sure if we are going further down or will get a retracement? image
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johncen replied Oct 9, 2025share similiar view here but the bounce could start from around the current level or 1527
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johncen replied Oct 9, 2025bringing back this post here…. Seems happening wave a should be completed by now so we may see a retracement for wave b. it will take time to develop
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johncen replied Oct 9, 2025very well done mate! More to cone or time to take a break before next leg?
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johncen replied Oct 9, 2025Now my correction wave A is completed, it can be extend to 1527 but it could end anytime and a bounce should come soon for wave B towards 1680/1720 level but no buying now! Lets wait for confirmation if bottoming!
The Swamp