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10/14/2021 Live Update

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BullBear52x
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Re: 10/14/2021 Live Update

Post by BullBear52x »

Do Not Counter the trend evarr.....(note to self) If lucky bears can keep their shirt at best.
My comments are for entertainment/educational purpose only. NOT a trade advice.
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BullBear52x
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Re: 10/14/2021 Live Update

Post by BullBear52x »

Here is gap filled and 50 daily MA resistance area (see daily chart 50 MA, not post here), so, for the e-wave crews, if it is ABC zig zag, the C wave down is still in the card. but I am trend following, so far short term trend is looking good. until I can spot a turn. :ugeek:
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My comments are for entertainment/educational purpose only. NOT a trade advice.
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BullBear52x
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Re: 10/14/2021 Live Update

Post by BullBear52x »

Tomorrow is 3rd Friday of the month, option expiry, resume to the down side tomorrow will not surprise me at all, Bulls are not out of the woods bottom line.
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Cobra
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Re: 10/14/2021 Live Update

Post by Cobra »

It's the very first touch of EMA20 in 2+ hours so watch for EMA buy setup.
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BullBear52x
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Re: 10/14/2021 Live Update

Post by BullBear52x »

Bears need to see LL but bulls are now earned one more buy dip coupon. (RSI<30) before the lady shows up.
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mikeqc
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Re: 10/14/2021 Live Update

Post by mikeqc »

a red leg up means up 4 days or more
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this is the first blue leg up of the red zigzag up.  There is certainly another blue leg up within the red leg up. With that said, I do expect SPY pullbacks a little later today or early tomorrow, presumably the highlighted area (~440)
this is the first blue leg up of the red zigzag up. There is certainly another blue leg up within the red leg up. With that said, I do expect SPY pullbacks a little later today or early tomorrow, presumably the highlighted area (~440)
Financial Market Geometry @ Youtube
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BullBear52x
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Re: 10/14/2021 Live Update

Post by BullBear52x »

mikeqc wrote:a red leg up means up 4 days or more
can you refer us to the statistic of that? very interest to know.
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mikeqc
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Re: 10/14/2021 Live Update

Post by mikeqc »

BullBear52x wrote:
mikeqc wrote:a red leg up means up 4 days or more
can you refer us to the statistic of that? very interest to know.
the next blue leg up is certain. a red leg last 4 days or more is >95%
Financial Market Geometry @ Youtube
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BullBear52x
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Re: 10/14/2021 Live Update

Post by BullBear52x »

mikeqc wrote:
BullBear52x wrote:
mikeqc wrote:a red leg up means up 4 days or more
can you refer us to the statistic of that? very interest to know.
the next blue leg up is certain. a red leg last 4 days or more is >95%
Are you Ira Epstien? or I will just take your word for it? it's okay if you don't want to share your source. new to me so I am interest. :D
My comments are for entertainment/educational purpose only. NOT a trade advice.
mikeqc
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Re: 10/14/2021 Live Update

Post by mikeqc »

BullBear52x wrote:
mikeqc wrote:
BullBear52x wrote:
mikeqc wrote:a red leg up means up 4 days or more
can you refer us to the statistic of that? very interest to know.
the next blue leg up is certain. a red leg last 4 days or more is >95%
Are you Ira Epstien? or I will just take your word for it? it's okay if you don't want to share your source. new to me so I am interest. :D
Boss, I am the source. :ugeek:
Financial Market Geometry @ Youtube
mikeqc
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Re: 10/14/2021 Live Update

Post by mikeqc »

The methodology is a geometry analysis developed by a seasoned Chinese trade, who has passed away 11 years ago.
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Al_Dente
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Re: 10/14/2021 Live Update

Post by Al_Dente »

The earlier little inverse H&S didn’t work well, so it’s broadened here
If SPY can convncingly move above that current double top
the cyan target box is way up there
1014hnx2.png.jpg
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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BullBear52x
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Re: 10/14/2021 Live Update

Post by BullBear52x »

Counter trend to the max, now you see why mama said do not counter the trend.
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Al_Dente
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Re: 10/14/2021 Live Update

Post by Al_Dente »

Harvard, the world's wealthiest university, charges $51,925 yearly for “undergraduate tuition and fees.”
Reuters just reported that Harvard’s endowment soared to $53.2 billion, a 34% gain in the fiscal year that ended in June.
(You do the math)
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 10/14/2021 Live Update

Post by Cobra »


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Cobra
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Re: 10/14/2021 Live Update

Post by Cobra »


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Cobra
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Re: 10/14/2021 Live Update

Post by Cobra »

Well, guess that's it for today. Here's what Friday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449397

Thank you guys, I'll see you in another thread soon.

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