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Double top or not, wait and see. Probably it's the bear's last chance for today.
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reboot my computer still not able to post a chart, well, 25ish is my target. have fun, long weekend for me until next week. last trading day for me this week. Peace!
My comments are for entertainment/educational purpose only. NOT a trade advice.
Now let's see whether bulls can make a double bottom here. 50% chances.
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BullBear52x wrote:reboot my computer still not able to post a chart, well, 25ish is my target. have fun, long weekend for me until next week. last trading day for me this week. Peace!
It's the chart, not your computer. You need resave the chart then try again. I have the same problem from time to time (internal error uploading the chart), I think it's the server's problem, but I don't know how to fix that, so every time I just re-save the chart (maybe modify the chart a little so that the save is different, I think the sever doesn't like certain checksum which it treats as a bad file something so modify the chart or re-save may change the checksum value) then try again. In a bad time, I may need try couple of times.
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Not on web site, twitter only from zerohedge.
key gamma strikes:
3250: $3.4BN
3300: $4.9BN
3350: $3.7BN
So yea, we get much below 3250 and the CTAs start puking up their new longs while the options market makers are forced to sell underlying.
No sharp rebound in the next couple of bars then it could be a downtrend day, key time.
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