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No idea where the market is heading. Testing the upper blue line then it's ascending triangle, a breakout is likely. Going down to make new lower low then it's double top. so at the current stage, bull vs bear, guess is 50 vs 50.
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SPX chop around in triangle, wedge.. mind last week's SPX 1922-27 gap should we take out Thur/Fri LOD.. MInor descending wedge SPX 5m.. yellow.. measured move 1910. fwiw. Break lower triangle, pink.. look out below!
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TSLA: Alright boys, we up +15-20% like planned now. Not even 255 yet.
Taking half size off and trailing the rest if somehow we break above 255, quick squeeze to 259-261 as immediate targets.
Will be a jackpot 100%-200% gain by end of the day. I'm done for the day, good luck all!
NO RATE HIKE:
According to the 30-day Fed Funds futures prices, which have long been used to express the market's views on the likelihood of changes in U.S. monetary policy, the probability of a September rate hike is only 25%
As of today
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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