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Post by huh on Apr 19, 2016 9:05:19 GMT -5
AAPL red and looking weak AAPL LOD was significant; a 76.4 retracement from 03/29 low to recent high & backtest of previous resistance ~107. Expecting higher now.
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Post by jacksrbtr on Apr 19, 2016 9:06:57 GMT -5
Its due to the campesinoes and the guerillas - they are squeezing management to perform better.
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Post by jacksrbtr on Apr 19, 2016 9:09:43 GMT -5
This prolly the singlemost important reason gold and the miners are up.
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Post by huh on Apr 19, 2016 9:10:26 GMT -5
JMO, but I think too soon. Maybe a small quick trade there, but likely to go into blow-off top mode soon here. S&P support now 2088-2089. Hopefully I'm wrong for the sake of your trade. Sorry, those 2088-2089 supports are for ES, not SPX (oops)
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Post by jacksrbtr on Apr 19, 2016 9:11:53 GMT -5
And Nasdaq red. Go figure. Damn Commies ("Red") - just look at who Silicon Valley supports.
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Post by huh on Apr 19, 2016 9:13:04 GMT -5
FYI, I wouldn't chase FCX here. Not now. Apr. 18 at 10:45 AM FIBsDontLie $FCX strange early action but held lowest FIB from 04/12 low. In @ 10.40, hard stop 10.35, sell target ~12.25. Set it & forget it.
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Post by clinton on Apr 19, 2016 9:19:12 GMT -5
one wick two wick
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Post by clinton on Apr 19, 2016 9:20:11 GMT -5
GTE looking good again today
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Post by huh on Apr 19, 2016 9:20:19 GMT -5
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Post by clinton on Apr 19, 2016 9:23:52 GMT -5
here comes the roll over
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Post by huh on Apr 19, 2016 9:24:14 GMT -5
GTE looking good again today >2.77 could get 3.30-3.50
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Post by huh on Apr 19, 2016 9:26:56 GMT -5
Remember that one Sunday night when S&P futures were down like 15?
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Post by clinton on Apr 19, 2016 9:34:09 GMT -5
GTE looking good again today >2.77 could get 3.30-3.50 2.90 is my target then Ill buy back on next pull back
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Post by huh on Apr 19, 2016 9:37:30 GMT -5
If anyone played BZH long for the squeeze, use a stop now of LOD (if <8.87) Yeah, umm, I should have just stuck with the plan and waited for the higher high in BZH. It's finally hitting that today and I expect it'll tag 9.90's/10.00 (to backtest that channel) But a good example & reminder that all of this is ONLY A SQUEEZE BZH target hit (but didn't backtest channel - that currently sits ~10.40)
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Post by huh on Apr 19, 2016 9:48:39 GMT -5
I bet many bears are shorting S&P big because of that morning gap up. High octane style. (a bull's about to steal that car)
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Post by walnut on Apr 19, 2016 10:12:20 GMT -5
I think the bull is on thin ice now
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Post by huh on Apr 19, 2016 10:15:32 GMT -5
I think the bull is on thin ice now Agree completely
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Post by huh on Apr 19, 2016 10:19:41 GMT -5
I think the bull is on thin ice now Agree completely Like GDX just did, I think S&P will form a small top here but that will only be the first part of a larger topping pattern. JMO (yet another squeeze)
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Post by huh on Apr 19, 2016 10:35:43 GMT -5
AAPL red and looking weak AAPL LOD was significant; a 76.4 retracement from 03/29 low to recent high & backtest of previous resistance ~107. Expecting higher now. 106.80 is the support to hold now. Lose that & it'll likely pull back further before next leg up.
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Post by huh on Apr 19, 2016 10:55:30 GMT -5
AAPL losing support and intraday topping in GS. Looks like another small pull back coming. Market can't top until these tiny intraday pull backs stop for a day or two IMO.
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