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Sharp pullback here would mean double top, so key time.
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SPX mind the morning gap.. still flirting with resistance, mind the lower open gaps 200d. /ES at RS of H&S.. takes out yesterday's LOD/neckline .. measured move -13points lower…. SPX 2080 range, which is a possible another H&S should we start trending down. VIX 15m curved bottom/invs H&S forming.
Conflicting predictions: some of my charts suggest a bit more upside, the small July/November chart shows SPX at resistance. And various cycles suggest a time signal for today (time signal suggests an important move in either direction)...
These ellipses suggest SPX has a wee bit further to go (2122) - note the time signal for today
This (short term) cycle shows SPX at resistance)
Center line resistance on long term linear chart is a bit higher up - SPX 2125ish
DUST: Target has been fulfilled. 4 cents away now. New target is 19.00 when an hourly bar closes above 17.70. Pretty awesome 21% gain in a leverage ETF.
I took profit on half at 2101.00, trailing the rest for 15-20 points potential home run.
Initial risk of 2 points for 6-7 scalp turning into a bank run
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