I think that it is very likely.
is today the top of 2019?
Started by
q4wer
, Jul 01 2019 02:02 PM
16 replies to this topic
#2
q4wer
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Posted 01 July 2019 - 02:03 PM
today is a trending day , all the way to the gap fill
#4
CLK
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Posted 01 July 2019 - 02:12 PM
I understand the need to be patient, but why is it so difficult to take out 3k and go parabolic?. The market keeps getting rejected. There is no indicator that can prevent a return to 2700 and 'going back up here again. Institutions are certainly not buying the breakout, but they are more than willing to buy a 7% sell off which is most likely what happens again. They will not buy new highs until the fundamentals change, right now they are content buying the corrections.
Edited by CLK, 01 July 2019 - 02:13 PM.
#5
da_cheif
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Posted 01 July 2019 - 02:50 PM
I understand the need to be patient, but why is it so difficult to take out 3k and go parabolic?. The market keeps getting rejected. There is no indicator that can prevent a return to 2700 and 'going back up here again. Institutions are certainly not buying the breakout, but they are more than willing to buy a 7% sell off which is most likely what happens again. They will not buy new highs until the fundamentals change, right now they are content buying the corrections.
u worry 2 much....u shud be happy as a lark with all the profits uve built up since 666
#6
opinionated
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Posted 01 July 2019 - 03:17 PM
I have cycles saying down this week, I doubted they would happen but today was not 100% bullish. That said by fridays close we bottom and blow through 3k Next down cycle is july 21 and after. Until then watch the sky
#7
opinionated
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Posted 01 July 2019 - 03:18 PM
I understand the need to be patient, but why is it so difficult to take out 3k and go parabolic?. The market keeps getting rejected. There is no indicator that can prevent a return to 2700 and 'going back up here again. Institutions are certainly not buying the breakout, but they are more than willing to buy a 7% sell off which is most likely what happens again. They will not buy new highs until the fundamentals change, right now they are content buying the corrections.
u worry 2 much....u shud be happy as a lark with all the profits uve built up since 666
#8
pdx5
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I want return OF my money more than return ON my money
Posted 03 July 2019 - 06:51 PM
Not necessarily today is the top, so long as China trade talks continue.
The really big decline comes after Trump loses in 2020.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
#9
tsharp
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Posted 03 July 2019 - 07:33 PM
No top until later in the year...
#10
da_cheif
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Posted 03 July 2019 - 07:40 PM
Not necessarily today is the top, so long as China trade talks continue.
The really big decline comes after Trump loses in 2020.
is that like the 50pt crash when kennedy was assassinated?
