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CRAZY BULL market now running on fumes, end is near!


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#11 dTraderB

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Posted 21 June 2019 - 06:10 AM

 
64236847473256ab53d4ab6790278b2b_bigger.David Larew @ThinkTankCharts
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Momentum indicators - All pointing up. OE Friday is generally an up day. Up today and generally Monday will be up too. End of Quarter coming up.

D9knfqAX4AE3wSF.png
1:33 AM - 21 Jun 

Edited by dTraderB, 21 June 2019 - 06:10 AM.


#12 dTraderB

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Posted 21 June 2019 - 06:12 AM

David Larew @ThinkTankCharts
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The S&P 500 - Hold Long is the signal - R1 - 2980 SPX is the next resistance area. Rally is rhetoric driven, so what happens when the rhetoric goes quiet.

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1:41 AM - 21 Jun 


#13 dTraderB

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Posted 21 June 2019 - 06:13 AM

64236847473256ab53d4ab6790278b2b_bigger.David Larew @ThinkTankCharts
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Selling Dogs for a profit, k.......... keeping all the show ponies :)

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1:38 AM - 21 Jun 
64236847473256ab53d4ab6790278b2b_bigger.David Larew @ThinkTankCharts
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Selling Dogs for a profit, k.......... keeping all the show ponies :)

D9kot2UW4AAUjQO.jpg
1:38 AM - 21 Jun 


#14 dTraderB

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Posted 21 June 2019 - 06:16 AM

_ErzqsW2_bigger.jpgHolger Zschaepitz @Schuldensuehner
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Crazy bond mkts in one chart: Bond yields across the world in free fall from already depressed levels.

D9kHVWHXUAA8amC.jpg
11:58 PM - 20 Jun 
_ErzqsW2_bigger.jpgHolger Zschaepitz @Schuldensuehner
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Crazy bond mkts in one chart: Bond yields across the world in free fall from already depressed levels.

D9kHVWHXUAA8amC.jpg
11:58 PM - 20 Jun 


#15 da_cheif

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Posted 21 June 2019 - 10:23 AM

 

David Larew @ThinkTankCharts
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The S&P 500 - Hold Long is the signal - R1 - 2980 SPX is the next resistance area. Rally is rhetoric driven, so what happens when the rhetoric goes quiet.

D9kpSPrW4AAkeXQ.jpg
1:41 AM - 21 Jun 

 

its not rhetoric driven    ....the only rhetoric for the last 20000 pts was 675ono and watch the sky......otherwise the dows divisor which is now a multiplier is the fuel for this coming monster bull......you havent seed nuttin yet



#16 dTraderB

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Posted 21 June 2019 - 03:49 PM

One of the strangest week in the markets, and politics. 

 

It may be even weirder next week so need to get as much rest as possible



#17 pdx5

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Posted 21 June 2019 - 07:00 PM

 

three weeks ago the RUT weekly cycles had 3 weeks until a down slope, tops can right translate

and when it usually is the breadth top unicorn fake index can right translate while termites rot the account,

not saying it is exact,

most likely will translate at least 1 week until the 4th.

 

the reasons probably geo-political like a Deutsche bank thing or some commy globalist perp walk

 

no harm if I'm wrong can change mind from cash will pick up some more cash level coming up soon.

If right should be 6 weeks down and even after that is just a bounce before more down. Well see in Aug. if its about right.

Count me in. Some more up to maybe get that 3000 banner, then down until December with stops along the way.

 

 

Make it a threesome! Right on target Achartist!!


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#18 opinionated

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Posted 23 June 2019 - 08:07 AM

I have cycle lows due last week and right now, You see where that got us.   I also have lows coming in mid Aug-Sept.  BUT these lows may be above here or lower, Cycles will not tell you that. But one thing I can tell you is NEVER... never fight the fed.  Q-Easing...   I recall in the recent past when the last round of QE was in full swing I got killed because no indicator, not one was correct.  Next I suspect we will see a series of internal corrections that continue to reset over bought indicators and move higher.

 

I am VERY short term short RUT via TZA but will exit this position by the close Tues. as I expect end of quarter W dressing to take hold.  I am thinking 2915-25 by tues close then a monster run to 3k

 

This comes from lessons learned the hard way.  IF we get a major news event in the next 2 weeks that takes us down 3-4% it will be a gift for bears and the rebound will be ferocious!!



#19 CLK

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Posted 23 June 2019 - 12:16 PM

I think most people overlook the fact that the balance sheet reduction started slowing in May and due to end altogether in September.

I think it has way more impact than interest rates.