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Beware of 3 push up. Although if indeed it's 3 Push Up, the first pullback likely would be bought.
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FlowerGirl wrote::geek:Just some possibilities...GLTA
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with solid job report, January is given to Bulls!
Looks like up up up till next payroll ( as all December hires been fired in Jan)...JC Penny and other retailers have already announced store shut down and layoffs in Jan...interesting next report for sure!
Bulls want to see an up day today to give them an up friday / up monday possibility. It's not required, but since Monday's have been terrible of late, it's really better if they add to yesterday's gains.A down day wouldn't be a dealbreaker but it could mean a slight re-test lower is due.
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SPX.. VIX initial resistance .. could make once more push down.. not the cleanest pattern.. ..ultra bullish?.. cyan neckline SPX.. very small shoulders..stealthy invs H&S.. seems very doubtful.. more likely a flat Friday?.. hammer candle for the week? ..but break red/orange trend on SPX.. then gap fill 2030
The Forex Tell still refuses to endorse the rally.
It has just been consolidating below the recent support line.
I have been looking for it to break upwards and align with the index price move.
Hard to say what it means.
Perhaps the recent low has to get a test.
Perhaps Mr. Market is thinking about other things.