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07/06/2019 Weekend Update

07/06/2019 Weekend Update

Postby Cobra » Fri Jul 05, 2019 4:45 pm

Up 1 week, 75% chances higher high ahead the next week so bulls should be fine holding positions into the weekend.
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Re: 07/06/2019 Weekend Update

Postby Al_Dente » Sat Jul 06, 2019 4:18 pm

Last year, the September SPY high was spoiled by negative divergences in the semiconductors (gray) and smalls (cyan).
This year, our recent high (7/3) saw negative divergences in semiconductors (gray), smalls (cyan) and transports (brown, “Dow Theory” non confirmation).
WEEKLY.
76week percent.png.png
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Re: 07/06/2019 Weekend Update

Postby BullBear52x » Sun Jul 07, 2019 1:01 pm

Al_Dente wrote:Last year, the September SPY high was spoiled by negative divergences in the semiconductors (gray) and smalls (cyan).
This year, our recent high (7/3) saw negative divergences in semiconductors (gray), smalls (cyan) and transports (brown, “Dow Theory” non confirmation).
WEEKLY.
The attachment 76week percent.png.png is no longer available

I see few short term signs of relief rally pull back is at hand, going into next week I will find excuse to sell. I am with my tiny laptop not much to post this weekend. short term top should be in or close but dips will be bought.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
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Re: 07/06/2019 Weekend Update

Postby 1der » Mon Jul 08, 2019 2:56 am

Late night long term view for Apple: MONTHLY chart.
897FE28C-A49C-4457-B719-7B2D99EE36A3.png
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