Daily Elders. If closing now 3 green, 7 blues, and 5 reds in world markets. Had zero reds yesterday. Risk on 2 of 5 indicators (same as yesterday). Same call as yesterday (down today, up tomorrow, then multiple downs) . Even monkeys can be right sometime. No volume info. days not done.
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Flip that coin.
Legal note:Don't believe anything I say above. You may lose yourA$$..
My chart has Daily Elders (Close, High, and Low), MA-2, CCI, and ATR for each stock; all color coded.
someone is defending the day low but the bias is still down. 23 min to close.
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One last comment: one big investment bank is quite bullish for certain stocks . They are recommending that their retail customers buy . That's not exceptional, but what's exceptional is that this investment bank was bearish on equities until quite recently . On the other hand I know that GS is still aiming at a SPX year-end target of about 1250
Best hope for a gap up is for us to finish at the lows. Everyone except the Hang Seng dropped their markets. We didn't drop much after Europe closed. There's hope for a gap up, but my spreadsheet's indicating a gap down.
uempel wrote:Cobra, someone is Mr. Optionsexpiry...
be careful of bears. be sure you run faster than your partner and be safe home.
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