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if it holds, the spx might be...


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#1 andr99

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Posted 25 July 2022 - 12:12 PM

just four or five bars away from another top

 

https://postlmg.cc/1nfVL715

 

https://i.postimg.cc/CM3xGzxJ/spxs.png

 

4100-4150 might be my bet


Edited by andr99, 25 July 2022 - 12:14 PM.

forever and only a V-E-N-E-T-K-E-N - langbard


#2 pdx5

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Posted 25 July 2022 - 12:55 PM

Yes, bear market rally.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#3 andr99

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Posted 27 July 2022 - 01:28 PM

so far so good, the similarity is holding 


forever and only a V-E-N-E-T-K-E-N - langbard


#4 K Wave

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Posted 27 July 2022 - 05:33 PM

Looking at 4 all-hour Qs, thinking something along these lines possible...

 

Still think were are going to the Covid lows before all is said and done...

 

Choppy rally from July into Labor Day area, then the rollover into brutal October begins.

 

qqq.png


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#5 K Wave

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Posted 27 July 2022 - 05:36 PM

Daily perhaps something like this...

 

Stall near the 200, and then big plunge when 900 finally gives way...

 

qqq.png


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#6 K Wave

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Posted 27 July 2022 - 05:39 PM

Could end up being a bit weaker, but psychologically speaking, a false breakout over the 200 would be the best suck-in before the plunge....


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy