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Just too exciting -- top almost completed

Yesterday, 06:23 PM

Posted by dTraderB in Fearless Forecasters

I am looking for at least a 4% pullback, it may go even lower than that, all the way down to SPX 2500. 

 

However, if the market finds support at the SPX 2640 level and rallies over SPX 2700 then I will

load up on QQQ calls and financial stocks.

 

Today's candle can be interpreted as a topping process almost completed.

 

 

@StockCats
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@RampCapitalLLC sentiment check

Dz4RY_6WkAE29Ta.jpg
1:32 PM - 20 Feb 2019

 

 

 

  204 Views · 8 Replies ( Last reply by dTraderB )

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2/21

Yesterday, 06:09 PM

Posted by zoropb in Fearless Forecasters

Level is:  7 / 3.50

 

Large move waiting again. 

  79 Views · 0 Replies

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Actual Position and Market Opinion Poll for Thursday 02/2...

Yesterday, 04:39 PM

Posted by OEXCHAOS in Fearless Forecasters
YOU MUST BE REGISTERED AND LOGGED IN TO VOTE.  Log In | Register
 
Remember, "Partially Long (or Short)" means less than your normal full position. E.g., If you typically use leverage, then 100% long would be "Partially Long".
 
 
Check out past Poll results here: http://www.traders-t...n-poll-archive/
 
 

  33 Views · 0 Replies

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Top? Not Today...

Yesterday, 09:44 AM

Posted by OEXCHAOS in Fearless Forecasters

We're just now filling a magnetic gap. I've got no top spotters going off.

People don't trust this market. Yet, when I look at the long bond, I don't see any pressure on the Fed to raise rates. Meanwhile earnings, generally have improved. Why SHOULDN'T we be at new highs?

 

I'm pretty sure that's where we're headed. I do think that there's a good chance for a pullback here soon, but the failure of other Sell signals to provide much indicates that we're in Bull market.

 

Technically, we are still in a "Bear Market Condition" but that'll change to a Bull this week, I suspect. The "tells" suggest it's a fait accompli.

 

M  

  579 Views · 11 Replies ( Last reply by tsharp )

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Clive Maund Gold Update Feb 19 2019

Yesterday, 08:02 AM

Posted by johngeorge in The Gold & Commodities Board

LINK:  https://www.clivemau...date=2019-02-19

 

'snip

 

Gold looks like it is building up to breaking above the key $1400 level to enter a major growth phase that could dwarf anything seen hitherto, which we can expect to synchronize with the dollar accelerating away to the downside and lead to Precious Metals stocks doing a “moonshot” which won’t be hard considering how depressed and undervalued most of them still are, and how lean and efficient most mining companies are now as a result of having had to battle through hard times for years. If “The Cartel” try to stop gold going up in this environment by unloading an avalanche of naked shorts, we can expect the market in physical gold to disassociate itself from the paper market to the extent that the latter is bypassed and rendered irrelevant – this will probably happen as a result of more and more buyers demanding physical and no longer accepting paper certificates. When this happens gold could go limit up for days on end.

 

snip'

  83 Views · 1 Replies ( Last reply by dougie )



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