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RUT again leading downside


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#1 K Wave

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Posted 01 April 2013 - 09:46 AM

I have a feeling bully will not be able to fight back to a draw this time around..... When this dam busts open, it's gonna be ugly....huge top being formed...

Edited by K Wave, 01 April 2013 - 09:46 AM.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#2 ogm

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Posted 01 April 2013 - 09:49 AM

I have a feeling bully will not be able to fight back to a draw this time around.....

When this dam busts open, it's gonna be ugly....huge top being formed...



Europe is closed today too. So there is no usual "after the european close" bounce.

China PMI overnight was weaker then expected, US ISM is much weaker then expected, and there is a bunch of European PMI's coming overnight.

So good chance Europe will gap down tomorrow to catch up, which is likely to put more short term pressure on the circus.

And end of quarter is now behind us.

Looks good.

#3 ogm

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Posted 01 April 2013 - 09:54 AM

Looks like a beautiful distribution trap.

3 weeks of hope gone in one hour. Is this fun or what ?

Posted Image

Edited by ogm, 01 April 2013 - 09:59 AM.


#4 K Wave

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Posted 01 April 2013 - 10:00 AM

Looks like a beautiful distribution trap.


Yup, TZA lifting off the pad after long Saturn V warmup.... :)

Edited by K Wave, 01 April 2013 - 10:00 AM.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy