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I'm Disappointed


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#1 redfoliage2

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Posted 23 January 2019 - 03:21 PM

if I'm a bear.  If bears are unable to push SPX below its 50 dma by the close today it's going north for the next targets - the IT downtrend line just below 2700, then the 200 dma around 2740............


Edited by redfoliage2, 23 January 2019 - 03:31 PM.


#2 redfoliage2

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Posted 23 January 2019 - 03:33 PM

Although some prominent E-wavers had a higher target around 2800............


Edited by redfoliage2, 23 January 2019 - 03:34 PM.


#3 redfoliage2

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Posted 23 January 2019 - 03:47 PM

The cash market is about to close with VIX down and internals turning up.  I see we are going to see an up day tomorrow..............


Edited by redfoliage2, 23 January 2019 - 03:48 PM.


#4 redfoliage2

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Posted 23 January 2019 - 04:02 PM

Of course let's wait till after the Senate votes.  I expect the both bills will fail.


Edited by redfoliage2, 23 January 2019 - 04:04 PM.