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LANCE: "Technically Speaking: Stocks In A Bloodbath, Look For A Sellable Rally"


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#21 redfoliage2

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Posted 07 August 2019 - 09:59 AM

Near term the market is waiting for a catalyst for a bounce up from here or a further push-down.  It's more likely we get a bounce up from here to form a wave b up..............................


Edited by redfoliage2, 07 August 2019 - 10:04 AM.


#22 dTraderB

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Posted 07 August 2019 - 11:20 AM

Near term the market is waiting for a catalyst for a bounce up from here or a further push-down.  It's more likely we get a bounce up from here to form a wave b up..............................

 

I think we test that recent low that was made....two days ago? 

 

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#23 redfoliage2

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Posted 07 August 2019 - 01:29 PM

A big bounce up is in the make for the next two days.  Target 2930 ..........................


Edited by redfoliage2, 07 August 2019 - 01:31 PM.


#24 dTraderB

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Posted 07 August 2019 - 03:28 PM

great save by the bulls, again, but the die is cast: big drop ahead. 

 

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$SPX +2. Finally, a nice quiet day.

1:01 PM - 7 Aug 2019

Edited by dTraderB, 07 August 2019 - 03:29 PM.


#25 redfoliage2

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Posted 08 August 2019 - 09:51 AM

A big bounce up is in the make for the next two days.  Target 2930 ..........................

 

I warned.  But if this is the wave b it's going to be high than 2930.   No shorting here...............


Edited by redfoliage2, 08 August 2019 - 09:59 AM.