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the pullback is larger than I'd like to see but still generally it should be bought eventually.
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DXY buckle up …. /GC <20d/50d/200d/20w/50w next support zone 1265/75 that goes.. look for a fast move to 1180… gold could be in serious trouble.. for months
15 minute bars view of the overnight action. Not trying to be all doom and gloom but we are back into the middle of the biggest short squeeze since Brexit and the volume profiles all look like this. Either a big bankroll needs to step in or we will be back at ferho's 2665 wall this week.
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TLT lod, down >1%.
If TLT were to close here, it would be a classic-MACD crossover sell signal--from the negative histogram area. The recent venture into the 119 area would be a clear lower high, and a target of the Feb low on TLT might then be attainable (ca. 116)
fehro wrote:SPX possible support.. but Thurs GAP 2704-2698 looks like it wants a fill… cover partial shorts here from yesterday +30 … may bounce for a bit
not sure weak bounce, another RS of green H&S .. and breaks again.. look to 20d/50d tags
It isn't that it is a rigged game, I think it more that those with deep pockets play a different version, like a medieval game of thrones, we all have our place but the rules for us aren't the same as for those with titles. If it was well and truly rigged I don't think we would see the turn over in the great houses. This is, after all the great game.