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Clem Chambers - move everything to cash - CRASH


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#11 traderx

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Posted 14 October 2020 - 10:35 AM

also IAB has a small volatility fee besides raising margin



#12 tradesurfer

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Posted 15 October 2020 - 11:20 AM

So far we have some moderate weakness today.  We need to see a close and move under 3424 to start to create more bearish outcomes and continue the crash pattern.

 

The raising of margin requirements could start some minor forced selling.

 

We also need:

 

A daily MACD bearish cross.

 

Then for the most bearish crasy type price action we need a MACD signal line that exceeds the previous low trough of the MACD signal line.



#13 tradesurfer

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Posted 20 October 2020 - 12:16 AM

The raising of margin requirements of some major brokers this week has put bulls on the defensive now.... there is a risk the margin selling could accelerate.

 

SPX cash must hold 3415 this week, or some much more bearish outcomes possible.

 

The crash fractal is still in force.

 

This weeks is forecast high volatility.  Next week is a forecasted panic cycle week (armstrong).



#14 tradesurfer

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Posted 28 October 2020 - 10:31 AM

Ok , time to get ready for the crash, it has not even started yet....

 

WAIT for RSI to pin at the 30 level.... then you will see a 20% one day drop down from that level



#15 linrom1

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Posted 28 October 2020 - 10:39 AM

Great call by Clem.