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Gap up within the yesterday's range so likely just a range day.
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Daily
IWM is testing its June bottom… potential double bottom
If it breaks that, it will confirm the “Big M” pattern http://thepatternsite.com/bigm.html
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
The last chance to make a downtrend day here. I think the range low might be in, now seeking the range high, probably won't be the day high anymore though.
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Auction house, a failed breakout this morning I thought it will shut this market down but now we got a Cup and Handle. I am not bullish per my internals signals, bears need to see lower closed as far as price action is concerned.
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My comments are for entertainment/educational purpose only. NOT a trade advice.