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3 push down, bears need careful about reversal here. I know being a bear is tough because almost every step down you can see possible supports while being a bull, especially if making a new all time high, you don't see resistance, the sky is the limit.
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ES: All eyes on the 1898-1900 region today for bulls last line of defense as per nightly update.
Remember, 1875 is the immediate target if bears are able to hold under the major support. Textbook stuff so far, it is 1h 8ema bear train this morning.
Thursday intraday DAX: DAX has now made a 3000 point correction (down from 12395 last April to 9375 Sept 24th) which is a 24.2 percent decline. Same percentage decline on SPX would point to 1661
Despite Germany's problems with small Diesel engines, China's weakness and US rate worries - DAX most likely a buy at this level - but this is highly speculative
if V reversal again it'd be 4th in a row. don't be surprised as trading as bull need nothing but imagination.
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spy is deeply deeply oversold and at the lower bb. opened a long here as i think it is required. if we drop more due to fed shenanigans ill just buy more.
bearish as of SPY 406 on 2/17/23
currently: end bearish as of SPY 406 on 3/6/23