My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
hmm, maybe it'd reach the target faster than I thought.
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What about the signal with VIX making higher high and SPX lower low ? suggesting major top is already in ?
short-term top was confirmed but too early to say whether it's an intermediate-term top.
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I'm not sure if the day low would be revisited before close. if still a couple of hours to close, then I'm sure.
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Cobra: I think in this daily report you really need to look all chances if an intermediate top was in or not , the weekly charts all suggest that the top is in for the coming weeks as all got bearish crosses on weekly charts. I might be wrong though , but please have a look at the intermediate term on tonights report !
CarlosDK wrote:Cobra: I think in this daily report you really need to look all chances if an intermediate top was in or not , the weekly charts all suggest that the top is in for the coming weeks as all got bearish crosses on weekly charts. I might be wrong though , but please have a look at the intermediate term on tonights report !
Thank you !
Check the weekend report, I mentioned how to judge if the intermediate-term top is in. it's still valid. I'll double check if there're chances the intermediate-term top was in tonight of course.
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Cobra wrote:I'm not sure if the day low would be revisited before close. if still a couple of hours to close, then I'm sure.
Looks like first leg down still.
Yes. this bear has legs.
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maybe this is the revisit of the day low. not sure as again 21 min to close.
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OK Guys..Watch VELT again..I took profits on this one a bit to soon last week.It has pulled back to near my sell point and support is now at about $8.00..Another dn and this could be a buy again and target maybe $11.00 +..I don't post all my trades only the ones that look like 80%.Buttttt I have been wrong many times..Another good dn day again and I may buy..Another one that may be good is DDD..Watch that one also.GTTA
key time, if bulls can hold here, then we might see a rebound finally.
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