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Double bottom text book target 2093. Already hit Fib 61.8 target.
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ES: Key time, market is hovering at the 2085 level alongside with 1HR 200SMA 2087.6 which bears gotta wake up and reject to keep their bear flag dream alive.
Price is sandwiched between the 1HR 8EMA bull train and 1HR 200SMA resistance, looks like it's going to be an interesting battle from both sides today.
SPX.. 20d/200d/50w 2067-2063 to the downside. Possible RS here on the 60m. In the green wedge top middle, or break down and retest bottom middle, mind the open gaps above 2097-2100, 2055-2058 to the downside. Tradingview SPX500 ~/ES like H&S pattern
lots of overlaps on the push up so it might fail eventually?
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This ain't short term But Market is trying to stay in the Andrews Fork. A break beneath SPX 2050ish would be a sign that the rebound from 1867 is too weak to continue.
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Alibaba crushes Singles' Day records.
The Chinese e-commerce behemoth Alibaba processed a mind-numbing $9 billion worth of sales in the first 12 hours of Singles' Day, a sort of anti-Valentine's Day holiday in which single folks buy stuff for themselves.
More than $1 billion worth of goods were bought in the first eight minutes.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.