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New blog posting, taking profits


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#1 cycletimer

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Posted 10 July 2018 - 03:31 PM

https://firechecklis...g-some-profits/

#2 Waver

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Posted 10 July 2018 - 04:19 PM

Agreed



#3 tsharp

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Posted 10 July 2018 - 05:36 PM

Today's NR day was only smaller going back to 6.12, which ended as an outside down day on 6.13... I was expecting an ST top here, though thought perhaps 2807.25 might have been tagged first.

 

From this morning's Instagram update @milehighstrategies :

 

SP00_240_7.10.18-1.jpg

 

Link to chart:  https://postimg.cc/image/a89x6dant/



#4 cycletimer

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Posted 10 July 2018 - 05:38 PM

I'll start following you on instagram.  On that site I'm @mrfireby2023



#5 LMF

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Posted 10 July 2018 - 06:02 PM

Must be time for a crap rally like this one to show up.  It's holding up on fumes, but needs more time to get moving averages up to 60 min aligned.  TNA with the bearish engulfing stick today.  TQQQ has overhead bearish trailing stops on the daily and weekly charts.  I've now looked at all of the mid term election years since 1974 on the NDX, Nasdaq......every month is crap (up 50 percent of the time or less) until October which is an up month 82 percent of the time.  Buy zone is always below the 200 day MA...... 



#6 cycletimer

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Posted 10 July 2018 - 09:53 PM

Must be time for a crap rally like this one to show up.  It's holding up on fumes, but needs more time to get moving averages up to 60 min aligned.  TNA with the bearish engulfing stick today.  TQQQ has overhead bearish trailing stops on the daily and weekly charts.  I've now looked at all of the mid term election years since 1974 on the NDX, Nasdaq......every month is crap (up 50 percent of the time or less) until October which is an up month 82 percent of the time.  Buy zone is always below the 200 day MA......


That’s an interesting stat on midterm years.