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RISING BOTTOMS N TOPS


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#1 da_cheif

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Posted 05 August 2019 - 10:56 PM

https://www.dropbox....pot8-5.png?dl=0



#2 tsharp

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Posted 06 August 2019 - 08:09 AM

It seems this corrective fractal may be the Adam-and-Eve type... so looking for a move up to ~3000, then another leg down to ~2850, to complete wave-b:c:(x):(iv)... twt.

 

From 7.26.19:  

 

SPX-D-7-26-19-2.jpg

 

From yesterday:

 

SPX-D-8-5-19-1.jpg



#3 slupert

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Posted 06 August 2019 - 07:11 PM

Actually, I was thinking the same thing. Might not need any more selling, maybe just a little (JMHO)



#4 da_cheif

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Posted 06 August 2019 - 08:28 PM

todays bottom spotter got deeper

 

https://www.dropbox....pot8-6.png?dl=0



#5 OEXCHAOS

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Posted 07 August 2019 - 08:49 AM

Down, up, down. Bounce for real. Then down hard again, up, down, up, down, then up to new highs. :)


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#6 12SPX

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Posted 07 August 2019 - 08:57 AM

Down, up, down. Bounce for real. Then down hard again, up, down, up, down, then up to new highs. smile.png

This has been great trading!!!



#7 CLK

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Posted 07 August 2019 - 09:51 AM

The monthly looks bearish to 2100 to me, despite breadth and mutual funds out of the market, looks like they picked this top after all, Morgan Stanley was NOT a fade either. The month is not over, but I doubt we finish green.

 

 

https://invst.ly/bm0x6


Edited by CLK, 07 August 2019 - 09:51 AM.


#8 tsharp

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Posted 08 August 2019 - 11:19 AM

Looking for a pause up at the top of the channel and the ~50dma... then another push to at least the ~20dma... twt.

 

 

SP00-240-8-8-19-2.jpg