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Yah that is the head and shoulders possibility I mentioned last weekend. I said if we drop to the 200dma, its gonna get a ton of people screaming about a head and shoulders in SPY.
bearish as of SPY 406 on 2/17/23
currently: end bearish as of SPY 406 on 3/6/23
DellGriffith wrote:I feel more confident with my view of gold. Gold and gold stocks are bullish since April began. Gold stocks are bullish, even with today's drop.
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The water should be just fine this summer. Doesn't matter to me though, It'll never get back down to my basis.
‘the petrodollar is our currency and our problem’....Gappy
Hey its a Joke ! I trade up and down, just like Cobra, and a selling that strong rarely one legged. And an unexpected crash...maybe its time, who knows !
wow it is quick and powerful. if ignore yesterday, we are in the same picture.
this is a chart i cut on mmonday. all support levels are still there. and technically the 1on1 is still in play. bearing in mind, the pattern has only 65% chance of playing out.
The goal is not uniformity. It is understanding and idea exchange.
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