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12/27/2017 Live Update

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Cobra
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12/27/2017 Live Update

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triangle, bias is up.
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Cobra
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Re: 12/27/2017 Live Update

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Re: 12/27/2017 Live Update

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te_fern
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Re: 12/27/2017 Live Update

Post by te_fern »

Yesterday's high is also the first resistance pivot. Seems to be holding back the rally right now....
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te_fern
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Re: 12/27/2017 Live Update

Post by te_fern »

Sneak through, can it continue??
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te_fern
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Re: 12/27/2017 Live Update

Post by te_fern »

TICK is strong...
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te_fern
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Re: 12/27/2017 Live Update

Post by te_fern »

No worries from VIX....
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Cobra
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Re: 12/27/2017 Live Update

Post by Cobra »

morning hourly black bar
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Cobra
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Re: 12/27/2017 Live Update

Post by Cobra »

the pullback probably will be bought.
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fehro
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Re: 12/27/2017 Live Update

Post by fehro »

According to the timetable, 2020 will be the peak of the equities bubble, followed by a major crash similar to that of the Dot-Com bubble.

To the economists we’ve spoken to, the peak could range between 2019M09 to 2020M03. Given how large the S&P500 bubble has become, it is worth treading very carefully during this period for those exposed to US equities.



http://www.zerohedge.com/news/2017-12-2 ... ash-coming
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Cobra
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Re: 12/27/2017 Live Update

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Al_Dente
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Re: 12/27/2017 Live Update

Post by Al_Dente »

YEAR IN REVIEW (a few days early)
Indices performance % YTD
Note the lag in smalls (cyan), up 14.23% so far this year, while SPX (purple) is up 19.84%, and INDU (lime) is up 25.36%
Weekly chart
1227year review.png
Long-term performance going all the way back to the big low of 3/9/2009.
Best are discretionary (pink) and financials (red).
Even if you substitute RCD (equal-weight discretionary, not shown here), it is still the best performer.
So the hope is that as a [~70%] consumption economy, we’ll continue buying those Tchotchkes, and hopefully our credit card defaults won’t grow too big…
Weekly chart
1227year review longer.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
johnnywa
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Re: 12/27/2017 Live Update

Post by johnnywa »

Going down like cheap beer at a wedding.This Santa rally surely sucks
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Al_Dente
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Re: 12/27/2017 Live Update

Post by Al_Dente »

“When everyone sees something as clear … day traders should always be ready for the opposite.” [Al Brooks]
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brokebybernacke2
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Re: 12/27/2017 Live Update

Post by brokebybernacke2 »

fehro wrote:According to the timetable, 2020 will be the peak of the equities bubble, followed by a major crash similar to that of the Dot-Com bubble.

To the economists we’ve spoken to, the peak could range between 2019M09 to 2020M03. Given how large the S&P500 bubble has become, it is worth treading very carefully during this period for those exposed to US equities.



http://www.zerohedge.com/news/2017-12-2 ... ash-coming

hmmm. 2-3 more years of this rally??? maybe the top is in?!
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Al_Dente
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Re: 12/27/2017 Live Update

Post by Al_Dente »

Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
johnnywa
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Re: 12/27/2017 Live Update

Post by johnnywa »

Checkout this gem Cannabis Wheaton CBWTF
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Al_Dente
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Re: 12/27/2017 Live Update

Post by Al_Dente »

HAPPY HOUR
cliff.png.png
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Cobra
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Re: 12/27/2017 Live Update

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Re: 12/27/2017 Live Update

Post by Cobra »

well, guess that's it for today. Thursday tomorrow has been bull friendly recently. thank you guys, I'll see you tomorrow.

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