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Apple stalled at potential megaphone support line, so far I haven´t seen this pattern at blogosphere so it have high probability to be valid I am interested if will form today reversal candle
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
a little breakdown but not decisive enough so I don't read it as a valid breakdown.
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Correct me if I am incorrect, but as I recall, the last time we were facing the debt ceiling and the Pres had public speech, he mentions that SS was at risk and the market tanked.
I don’t see anything good coming out of his speech, do any of you??
TraderJoe wrote:Correct me if I am incorrect, but as I recall, the last time we were facing the debt ceiling and the Pres had public speech, he mentions that SS was at risk and the market tanked.
I don’t see anything good coming out of his speech, do any of you??
Well, they never schedule a speech to tell us how great things are.
My composite trend signal is all up. Achieved a perfect score Friday. This is bullish except that technicals often look best at the turn.
My summation signal is up. Looks good but for some wobbles in the R2K.
Closed long on Friday cause I saw some stuff I didn't like.
I am comfortable looking from the sidelines during this OPEX week.
If we get a downdraft, I may or may not re-establish long to stay aligned with trend.
Some of the action in the currency markets is unclear to me in terms of where it is going intermediate term. There is a potential head & shoulders developing in the $ index (as well as changing dynamics in a number of important crosses), which I think has significant implications across markets depending on whether it completes or fails (either way). So, while I continue to believe Mr. Market wants to tag SPX 1500, the trend could get choppy and churny ahead of resolution.