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#1 Bearearns

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Posted 14 January 2019 - 08:18 AM

important%2Bspx%2Bopen.PNGI was of thoughts that the market was headed to 2800 spx without reason but I noticed bearish signs last two days and now   am thinking new lows are ahead of us in 22xx area. Wrong above Friday's highs.



#2 Waver

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Posted 14 January 2019 - 08:34 AM

Price is up against a broken upward trendline
The upward trendline is connecting which lows?

#3 LMF

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Posted 14 January 2019 - 09:24 AM

The declining 40 day MA......not good yet.  At some point it will be ok, but not today. 



#4 Bearearns

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Posted 14 January 2019 - 01:43 PM

Price is up against a broken upward trendline
The upward trendline is connecting which lows?


2011 and 2016

Today is important because if this fails meaning I'm stopped out I revert to bull market in tact and likely seeing 28xx before pullback

#5 Bearearns

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Posted 15 January 2019 - 01:19 AM

Market says my view wrong 28xx is next stop imo

#6 Waver

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Posted 15 January 2019 - 04:18 AM

Why only above Fridays highs?
It is still currently back below Fridays highs.

Just 1 tick above Fridays high and 2800 here we come?
You have to be using more than the trendline to make that assessment no?

#7 Bearearns

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Posted 15 January 2019 - 09:16 AM

I think market shook me out trying again stop at ah highs

#8 Bearearns

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Posted 15 January 2019 - 09:18 AM

Why only above Fridays highs?
It is still currently back below Fridays highs.
Just 1 tick above Fridays high and 2800 here we come?
You have to be using more than the trendline to make that assessment no?


Yes other stuff if sell is still valid which appears so first hour be red

#9 Bearearns

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Posted 15 January 2019 - 09:34 AM

Not right open and I think 2800 reality

#10 Bearearns

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Posted 15 January 2019 - 09:46 AM

Shorted 2598.75 stop 2600.25. Last try for bear side