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ES 4000-4050 LOW before rally to new ATH


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#1 dTraderB

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Posted 03 September 2023 - 10:04 PM

Could be a messy September into October as market seeks a sustainable LOW, and then launching into a rally that surpasses previous ATH.
FED will not give any assurance of LAST HIKE, OR NO MORE HIKE, OR RATE CUT unless inflation achieves their STUPUD TARGET. They risk a FED RECESSION as they hammer this economy with needless rate hikes.

#2 dTraderB

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Posted 03 September 2023 - 10:08 PM

Slowly trimming CHINA & HSI LONGS as markets there continue rally from Friday. This rally could fizzle out as soon as later today or next day or two. Foreigners selling every rally, but China can & will act in such a manner to punish SHORTS. THEY WILL.

#3 dTraderB

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Posted 04 September 2023 - 02:51 AM

Christophe Barraud @C_Barraud) posted at 1:06 PM on Mon, Sep 04, 2023:
Monday Brief

Raimondo Cites Progress From China Trip

#Chinas Home Transactions Surge After Mortgage Loosening

#Italy Prepares To Raise 2023 Budget Deficit-To-GDP Ration >4.5%

...

https://t.co/SjjTs2LlWo

#4 dTraderB

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Posted 04 September 2023 - 05:44 AM

Do not think there will be a 100-point SPX rally this week.


UP 54%
DOWN 46%

Helene Meisler (@hmeisler) posted at 10:34 PM on Sat, Sep 02, 2023:
The results are in and folks lean slightly bullish. It is the first 3 week 'up' vote since January.

Thanks for participating! https://t.co/4HvuJDsfq0

#5 dTraderB

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Posted 04 September 2023 - 05:51 AM

CHINA & HSI continued Friday's rally so I soprnt the past few hours closing a few LONGS, and updating WINDIES, charts etc.
Off for 12 hours until the next ASIAN market open.

#6 K Wave

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Posted 04 September 2023 - 10:25 AM

After a few days coiling under 26K....BTC on the verge....

 

If you are not paying attention to the action there, now might be the time to...

 

If King Speculation breaks hard, likely will not be alone....

 

 


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

 

 


#7 K Wave

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Posted 04 September 2023 - 10:31 AM

Watch the 30 min 200 after the Nessie Head showing first sign of wanting to dip back under the water...a breach of that could lead to fast selloff.

 

Back above the Holiday weekend pivot, and bulls might still have some kick left.

 

And watch Apple out of the gate tomorrow...if it is hard down, bulls may be done for now....

 


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

 

 


#8 K Wave

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Posted 04 September 2023 - 10:33 AM

Dow hourly...looks like pretty decent transition pivot attempt in place.

 

As long as it holds, bears could be about to make a big turn here.....

 

 

 


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

 

 


#9 K Wave

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Posted 04 September 2023 - 10:38 AM

Rusty came right to the target just above 1900...

 

Now it is ALL about holding 1900 for bulls....failure to do so could lead to disastrous throwover led by those troublesome Utes....

 

 

 


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

 

 


#10 K Wave

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Posted 04 September 2023 - 10:39 AM

Utes....if they break hard tomorrow....

 


Edited by K Wave, 04 September 2023 - 10:41 AM.

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