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More Like a Swing Top Here


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#11 linrom1

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Posted 05 July 2021 - 10:30 AM

I am short via QID. Could be a rock star? If this thing doesn't correct here, its time to step aside and watch massive hysteria do lumber.



#12 blustar

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Posted 05 July 2021 - 01:41 PM

I have an 11 TD low due July 6 and Mars sq. Uranus on July 3 (something unexpected hits) with Venus opposing Saturn on the 6th (we have Sun sextile Uranus today and Mer sq. Neptune tonight, so something quite unexpected coming!).  Could be a one day wonder like 72 SPX points down then back to the races.  These things usually work out in abc patterns, so higher into July 8 and even 13th (Mer trine Jup/Mars opp Ven- moon in Leo moving into Virgo).  The 144 week cycle top is due ideally on the 7th of July (from Oct 3, 2018), but always +/-.  The next 11 TD low is due on July 21 when the Sun > Leo. The t-square of Mars/Venus to Saturn/Uranus square of June 14 runs July 1-13. We have a high energy Bradley on the 6th of July.


Blessings,

 

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#13 redfoliage2

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Posted 06 July 2021 - 09:29 AM

Dups


Edited by redfoliage2, 06 July 2021 - 09:31 AM.


#14 redfoliage2

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Posted 06 July 2021 - 09:31 AM

Statistically SPX is at a top with >90% probability ....................

With SPX now falling from the top I expect the previous trading range 4220 - 4280 is likely to be tested soon.  Will it hold there???


Edited by redfoliage2, 06 July 2021 - 09:36 AM.


#15 blustar

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Posted 06 July 2021 - 12:13 PM

Took my profits on my SPY puts at 4319 for a near double. The 72/144 week cycle top is due ideally on July 7. 4360's tomorrow?


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#16 12SPX

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Posted 07 July 2021 - 08:30 AM

Took my profits on my SPY puts at 4319 for a near double. The 72/144 week cycle top is due ideally on July 7. 4360's tomorrow?

Ya I took my profits off last week but there was little premium left.  I do the opposite lol, shouldve sold them again yesterday! 



#17 redfoliage2

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Posted 07 July 2021 - 09:17 AM

My system is currently in Selling Bounces mode .........................


Edited by redfoliage2, 07 July 2021 - 09:20 AM.


#18 redfoliage2

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Posted 07 July 2021 - 10:00 AM

This may reflect the sentiments of retail traders - the highest since 2014:

 

https://stansberryin...-article/371170


Edited by redfoliage2, 07 July 2021 - 10:02 AM.


#19 redfoliage2

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Posted 08 July 2021 - 08:01 AM

Statistically SPX is at a top with >90% probability ....................

I warned it's almost 100% a top, and SPX hit a tremendous resistance ..........................



#20 redfoliage2

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Posted 08 July 2021 - 10:24 AM

The market gap-down was predicted yesterday after the cash market closed:

 

Posted Yesterday, 04:14 PM

This looks a gap-down in the cards for tomorrow.......................

 

https://www.traders-...ike-this/page-2


Edited by redfoliage2, 08 July 2021 - 10:26 AM.