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Over shoot, for intraday price action, bulls need to close higher than morning high, or all the gain/energy today will be put in to waste. I am selling at this point.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
As of Friday, only 24% above 20 dma, 46% above 50 dma, this is another warning signs of the health of SPX index. on 200 dma 80% will be a healthy level we are at 70%. the question is "correction in price or in time" this time?
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Last edited by BullBear52x on Mon Nov 29, 2021 2:35 pm, edited 1 time in total.
My comments are for entertainment/educational purpose only. NOT a trade advice.
Intraday, a trade under Friday's HOD (SPX) will indicate a failed breakout, a trade lower than morning high will indicate negative price action. sooooooo, no failure for the dip pocket and printing press here.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
to be more specific, Biden says he expects all Americans to get vaxxed so no more lockdowns. In other words, he's gonna wait a few weeks and then say "Shame on Americans for not getting all vaxxed, welp here's your lockdown".
Doomsday stonehenge 10 commandments. each autonomous region of less than 500,000,000 people? most likely I am not in the club. haha just being funny. Vaxxed or no Vaxxed we are doomed.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.