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the rebound so far looks promising. Not sure whether the low was in or not though. possible range day.
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From what I see especially a knocking at 752 level on /ES, this time it will be 4th one, bulls will breakout this time, north bound train choo choo.......
My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x wrote:From what I see especially a knocking at 752 level on /ES, this time it will be 4th one, bulls will breakout this time, north bound train choo choo.......
Level to watch.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
Arm index is key play the buy Volume need to keep up all day then i will say we see swing low in few days, they need to kick start the Santa rally today or never.
My comments are for entertainment/educational purpose only. NOT a trade advice.
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After much quandry I have settled on the lower of my two scenarios.
est H =2749.50
est l= 2707
my connection on my main laptop (Windows 7) keeps dropping and I'm typing this on me secondary (Windows10) newer laptop.
Interestingly (well to me anyways) was I attempted to estimate the H/L last night with the idea of being ready on time. That, being ready on time didn't happen but last night's estimate was 45 and 09 - close to what I settled on.
There was another scenario - strong upday - but action so far seems to indicate a failure after o/n H stops are run - perhaps done.
I can't enter a sim trade - as connection is dropping - so I'll consider working on something else.
Good luck
Educational only and not trading advice (EO&NTA) Good trading to all
BullBear52x wrote:Closed the /ES gap open, this dip will be bought.
Buy dip, no failure that is for sure.
just watching fins for clues. fins, and most indices, trying to build the right shoulder of IHS, much chatter about this, . however, underlying strength not there yet, building negative divergence on 4 hour. 26.50 level key. powell tonight will spark the direction..
testing yesterday's low, maybe a rebound here first then we'll see.
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