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Testing range low, key time. Generally should be a rebound upon open to test the 5 min EMA20, from where we'll see what the next is.
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Probably the rebound to the EMA20 has started. I'll see you there then.
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SBUX 5. I jumped on the Starbucks southbound train. It immediately reversed course. Ha ha. I went to get a coffee, and I could hear an alert. It came back my way and took me out at my target. (I entered late, a regular temptation.)
Charts posted are not recommendations. They are just a sharing of information.
This is what many chart profile missed. we are back inside the balanced area. I want to see we out of it today with or without the Fed. favoring down side of course.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
Guys, is it possible that retailers short squeeze institutions will cause the stock market to crash? Because those institutions will have to sell their other "good" asset to cover therefore make the whole market fall without any apparent reasons? In Mar, 2020, we all witnessed that all asset went down sharply even those safe heaven such as gold and bond. That's because institutions were forced to liquidate. The same could happen is retailers beat those institutions belly up. What you think?
I know some of you would be very happy if some institutions go belly up
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BullBear52x wrote:Intraday, bears earn sell the rip, the trend following got stalled. typical bulls.
Well, your call yesterday afternoon, at 4:08 pm was certainly on the money! Support gave out at 3847 as you predicted. Will be interesting to see what happens today. All over the place, but we are sure due for a correction of 5% or more...
Rebound to EMA20 as usual, now let's see whether bears are willing to defend here. Key time.
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