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#1 CLK

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Posted 04 February 2018 - 12:12 PM

For this chart, any bull market downturns took minimum 6 weeks to months to reach old highs again.

We missed a sell Friday by less than 21 points, since this is a daily chart, any follow thru Monday will 

probably print a sell, first since 2016 lows. The point is that upon a sell, the market is not going to 

go back to old highs on a daily closing basis, it may bounce, but that is it and another short entry until

enough time passes or points. 

 

 



#2 CLK

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Posted 05 February 2018 - 10:23 AM

Added to short on this retrace near Friday's close. Will want to unload near the lows in case turnaround Tues.



#3 CLK

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Posted 05 February 2018 - 02:27 PM

I think we are going to print two bricks today, less than 20 points away.



#4 CLK

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Posted 05 February 2018 - 02:43 PM

Just for reference, we did have a NYAD/NYA divergence at the top, there were two others in the month that 

only had small downs days. Seems I am always distracted with other charts when the important times are there.

Even my .75 point hourly chart gave a sell after the first day, and on low volume which was low risk.

 

 

 



#5 CLK

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Posted 05 February 2018 - 04:38 PM

The 2150 area would be a clean 25%. We did have the NYAD divergence as in 1987 last week, so far a bearish start for a Monday.

 

https://invst.ly/6jmdp



#6 CLK

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Posted 05 February 2018 - 04:40 PM

I ran this cycle study yesterday.