breakout then back tested the neckline I think this is a confirmed double bottom. maintain the target.
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I see possible 3 push up here, so could be go like this, might not be a strong close I guess.
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Al_Dente wrote:first benandlloyd renko buy signal of the day
With NYDEC >2400 the bears aren’t finished yet, but VIX is leaning bull spy
We’ll see
44benlloyd.png
If you are this confident, I will have to slow down
WTF?
1) confident? I can’t trust any bull with nydec still >2400; I’m not supposed to fight that skew (rules)
2) what on earth could slow u down?
PS: bots are buying AND selling this
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
speed is slow, so I have to limit 10 posts per page. maybe the server needs reboot now.
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now the speed is OK now. I noticed every day around certain time, the system becomes very slow. anyone noticed that?
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REMEMBER the DJIA and SPX are NOT ALLOWED to close down more than 1% as it would freak out the WORLD - yes, they messed up on 6-march, but they corrected their error with a vengeance with the Hilsenrath leak....
In all seriousness, lots of turns associated with tomorrow, Friday and Monday....
It is fairly rare to fall in to the Easter holiday, but we have had bottoms after in 2005 (Tuesday) and 2006 (Monday) and we have the Employment report where our general trend has been to bottom on the day (if we are falling in to it...) when we are in these BULLISH QE markets - best two examples are Oct 09 and Jan 10 ..... Of course, August 2011 was the exception!
Still waiting for our first 50pt top to bottom SPX correction ..... normal April triggers are either post employment (2011) or around FOMC (2011 and 2010) or opex (2009).
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Cobra,
I don't know if anybody has asked this question before. What is the price that we need to see to confirm that the 6.5% correction is on progress
THAT GUY wrote:Cobra, are u bearish for the short term ... if we close around here ?
Thanks!
maintain the plan.
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Kos wrote:Cobra,
I don't know if anybody has asked this question before. What is the price that we need to see to confirm that the 6.5% correction is on progress
check last night report. the big picture evil plan, there's a red cycle there representing the adjust point.
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