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Thanks,TraderGirl wrote:Nice BullBear!!!BullBear52x wrote:Another sell kicks in, trades under 5dma, my trend is down, sell the rally is in full gear now.
What your settings for top half of chart?BullBear52x wrote:Another sell kicks in, trades under 5dma, my trend is down, sell the rally is in full gear now.
yes, most likely one lower close ahead. but you know nowadays bulls always exceed all kinds of expectations, so just for fun.SB73 wrote:Cobra,
If we close in red with a 3rd consecutive gap down tomorrow that could be very damaging to the bulls correct?
Thanks Al!!Al_Dente wrote:FOR TRADERGAL
http://www.youtube.com/watch?v=fxEmnxiUz8w
Great point, we need follow through here for bears, I definitely see big traders getting long as a warning signal.Al_Dente wrote:http://stockcharts.com/h-sc/ui?s=SPY&p= ... =254800720
Resistance also happens to be at 377ma, 5min (green ma), a line used by moi (via Robert Colby), uempel (in a diff version), and BB52x (slightly different).
Also if u’ve been following $NYAD indicator this month, today marks a bottom, BUT THAT IS ONLY BECAUSE THE BEARS DID NOT HAVE THE COJONES THIS MONTH TO FOLLOW THRU, last month these lines were invalidated by follow thru….so grain of salt
PAGE WAVY
“record long large spec positions in the USD”
Do u see speculators massively long dollar as short spy confirmation?
Or do u see it as contrarian signal as it a “record” or too crowded??
No need to answer if Q is tooooo dumb…..
Cobra wrote:too early to call victory yet, but I'll assume my last call is right here, so no more bet anymore, a perfect call day.