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Nice triple top


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#1 steadyquest

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Posted 11 November 2020 - 06:16 PM

of closing prices.  No real advance over the past two months.  Wonder how long a bull(sh@t) market can live on a diet of funny money, fraud and racketeering.  Time will tell.

 

Triple-Top-QQQ.png



#2 tsharp

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Posted 11 November 2020 - 08:00 PM

Pretty sure the bias remains upward into year's end:

 

 

SPX-D-11-11-20-HC.jpg

 

 

And the price is quite a bit higher than the 20-week and 40-week FLDs, so there's room for another pullback tomorrow, then back upward... twt.

 

 

SPX-D-11-11-20-HP20-W.jpg



#3 tsharp

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Posted 12 November 2020 - 04:33 PM

So we got that down day I suggested, tomorrow could start weaker, then could reverse for a positive close... this is the SPX daily with the 20-day and 40-day FLDs, showing upward projections that have not yet been fulfilled and the corresponding levels that would negate those targets:

 

 

SPX-D-11-12-20-HP20-D.jpg