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Small gap up within the yesterday's range so likely it's a range day.
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Breakout above the blue line with good looking bull bar in the next few bars, say 10 bars, then it's an uptrend day.
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Now it looks like a 3 push up intraday, the push can only end up at 5 min. swing sell setup, first sell on early stage of a trend change. 5 DMA support were doing its job so far but until the next sell on swing setup fails or new ATH will it change my mind. for now find excuse to sell to continue.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
Bad GDP number and bad pending home sell, market rally on these? can you imagine if they beat consensus of 2.7% GDP, this is the missed number . not gonna last.
My comments are for entertainment/educational purpose only. NOT a trade advice.