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DO or DIE for the BULLS tomorrow


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#21 dTraderB

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Posted 30 January 2019 - 02:26 PM

Tom McClellan @McClellanOsc
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On Jan. 17, I wrote this article https://www.mcoscillator.com/learning_center/weekly_chart/countertrend_rally_or_new_uptrend_rasi_holds_the_key/  about the Ratio-Adjusted Summation Index, how the +500 level is a key go/no-go threshold, & even higher is better. Preliminary A-D data today show the RASI getting there today and still rising rapidly, which is bullish.

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8:20 AM - 30 Jan 2019
Ha ha :

To the bears who think the Fed is the be all and end all to the market and that they just caved: Buy. Problem solved.

SPX gap filled. No more islands

 

Fed went from 4 rate hikes to zero and from balance sheet reduction on autopilot to flexible. All in the course of 1 quarter. Just pitiful. The Fed is the market's b*tch.



#22 dTraderB

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Posted 30 January 2019 - 02:26 PM

OK, let's see the first pullback from the post-Fed rally for a possible NQ long



#23 redfoliage2

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Posted 30 January 2019 - 03:23 PM

Now right at the heavy overhead resistance...............



#24 dTraderB

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Posted 30 January 2019 - 03:39 PM

Let me try to catch the expected NQ ramp up into the close

 



#25 redfoliage2

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Posted 30 January 2019 - 03:45 PM

Bulls need to get SPX over 2680 by the close or the current rally will fail ...............


Edited by redfoliage2, 30 January 2019 - 03:49 PM.


#26 redfoliage2

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Posted 30 January 2019 - 04:20 PM

Bulls need to get SPX over 2680 by the close or the current rally will fail ...............

Okay, bulls just did exactly what they were supposed to do.  So, the rally can continue ................


Edited by redfoliage2, 30 January 2019 - 04:20 PM.


#27 dTraderB

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Posted 30 January 2019 - 06:45 PM

 

Bulls need to get SPX over 2680 by the close or the current rally will fail ...............

Okay, bulls just did exactly what they were supposed to do.  So, the rally can continue ................

 

 

 

I give it max 2% SPX from heere and then it's down again