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#61 redfoliage2

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Posted 10 January 2019 - 03:18 PM

Either way I see the range will expand tomorrow................

A close below 2600 today is bearish that may lead to a gap down tomorrow...........



#62 zoropb

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Posted 10 January 2019 - 03:44 PM

6 days in a row small bars.  Pain is coming while we fool around within 10 points up here.

 

1 level off the last swing low puts us at 2602.75 day at 99.75 and week at 03.25.  Lots of targets clustered there. 


Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#63 zoropb

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Posted 10 January 2019 - 03:46 PM

Leaving cash up here I would bail on the shorts tonight or in the morning.   What a nice short they are going to leave us for desert later.


Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#64 zoropb

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Posted 10 January 2019 - 03:51 PM

Amazing day for me.  Just wonderful. If only they could move it like this everyday.   

 

Looks like a little up after hours to those targets then at least 75-80 area but with the high will we will know better. 


Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#65 zoropb

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Posted 10 January 2019 - 03:52 PM

or now they got 8 mins.


Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#66 typicalbear

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Posted 10 January 2019 - 04:09 PM

108k ES contracts traded from 96.75 to 98.25....the highest concentration all day and in the last 30 minutes.



#67 redfoliage2

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Posted 10 January 2019 - 04:18 PM

SPX still unable to get over the overhead resistance at 2600 with very overbought internals.  It's waiting for a trigger to start the wave( b ) down, soon or later it will happen.........



#68 12SPX

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Posted 10 January 2019 - 04:37 PM

Markets showing some great resilience here, all the downside calls have been way off so far, little movement but up!  One of these days it'll be down lol!!!



#69 redfoliage2

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Posted 10 January 2019 - 04:44 PM

Markets showing some great resilience here, all the downside calls have been way off so far, little movement but up!  One of these days it'll be down lol!!!

it's because Powell provided another dose of lip service to the patient today, though not as effective as the first dose but did save one more day for it. 


Edited by redfoliage2, 10 January 2019 - 04:48 PM.


#70 12SPX

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Posted 10 January 2019 - 05:56 PM

 

Markets showing some great resilience here, all the downside calls have been way off so far, little movement but up!  One of these days it'll be down lol!!!

it's because Powell provided another dose of lip service to the patient today, though not as effective as the first dose but did save one more day for it. 

 

I know its all so ridiculous, its obvious they are going to come to the rescue if need be and will slowdown hikes.  Markets are adjusting!  I think in the end we'll trade similar to 2015, sideways going no where until a real slowdown shows up!