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Time to rally


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#1 RadioHead

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Posted 19 November 2024 - 09:47 AM

First it was a predictable election rally. Then a bit of selling to bring us down to earth.
Now up into January. Just about everyone thinks so, which I think is a good thing. Im with the majority this time.

#2 RadioHead

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Posted 19 November 2024 - 10:43 AM

Already up nearly 30 sp points since my post.
There is potential escalation of war. This is the most bullish development in a while. Imagine how much money will be printed. The best rallies occur during wars.

#3 Rogerdodger

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Posted 19 November 2024 - 11:20 AM

SPX:

RSI and Slow STO (Money Wave) look like the Late May pullback just as fresh rally was approaching
Rule #3 "Money Wave  under 20 and turning up"
RSI trying to bounce off midline (@ 50)
Price in near support area.



#4 Douglas

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Posted 19 November 2024 - 11:27 AM

Buy on the cannons and sell on the trumpets.  Buy at the start of a war and sell when it is ending.  If Rothschild was correct and the Donald does what he said on the campaign trail, caution is warranted since we may be closer to the end than the beginning if war is your driver for the upside.

 

Regards,

Douglas  



#5 RadioHead

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Posted 19 November 2024 - 12:08 PM

50 points already.
Yes, Trump will try to help to end those wars, but its next year. Meanwhile I think the latest pull back was the last one this year.

#6 slupert

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Posted 19 November 2024 - 12:58 PM

Could be. I WOULD like to see NVDA,put on a bottom for the SOXx.