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Post by theMist on Dec 30, 2018 20:44:22 GMT -5
Jim's video
This last week was a short week with a half day of trading on the 24th and no trading on Christmas Day. This video looks at the performance of the chart and how a small detail gave us a clue that a rally was setting up. Going into this next week we have some trend lines that we need to keep an eye on first thing because we could be setting up more gains for a run to over 2550. But if we GET that run be on the lookout for signs of resistance. This video goes into the details...
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Post by clinton on Dec 30, 2018 21:25:25 GMT -5
we dont even have a working govt right now
what the hell do bulls see?
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Post by walnut on Dec 30, 2018 23:49:28 GMT -5
Our government has people in it who think that Guam might tip over. We're really better off this way.
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Post by theMist on Dec 31, 2018 8:45:19 GMT -5
If that small potential iH&S pattern fails to break out and play out, its because of the larger pattern is the H&S top being the real driver of price action
ES is just under the neckline and needs to get above 2520ish with conviction
we'll see...
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Post by clinton on Dec 31, 2018 9:48:58 GMT -5
I want to short this market, but I got feeling wall st paints the tape to end the year looking better than yesterday.
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Post by clinton on Dec 31, 2018 9:59:53 GMT -5
XLF nothing but selling
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Post by walnut on Dec 31, 2018 10:17:39 GMT -5
The indicators I watch look like this bounce may not last much longer, a day or two
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