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Fwiw my analysis of the positive and negative signals for March
gives 1st 10th 24th 31st as positive days, no negative days.Hence although markets will retreat on many days the bias is
very bullish.I would have saved myself a lot of pointless short entry adjustments
if I had just stuck with my own analysis and plan for March, twit!I hope my negative outlook for April, three negative days, no positive
days, will play out and give me some profit.Never give up, never surrender.
Next higher prices would be Dow 17740 – s&p 2080 and maybe that’s what
the market wants as it is likely to be a short stop / throw in the towel zone.That is still valid but must be in rth.
More accurate prices are 17752 and 2082
Never give up, never surrender.
just looking at the 5 min chart from yesterdays low,it looks awfully like a completed 5 wave move finishing in an ending diagonal at around 2060 es…nothing at all to pin the house on though.im still short myself,but there will come a time soon when the bear scenario will have to be torn up if this doesnt stop rising on yellen flannel and hot air..cit day again today and s1 day too.hopefully s1L please.
Yes and apart from US prices discussed earlier we also have
the Ftse 6225 and Dax 10100, which we have talked about.It does look like an interesting xroads and hence it will
be a tough one to trade.I am sticking with my plan.
Never give up, never surrender.
Via time and price we seem to have a odd alignment
between US and Euroland and further more we see
some disconnect with Dow and s&p.In general this is not good longer term, all imho.
Never give up, never surrender.
Odd happenings on this day continue.
Memsaab and I have agreed to place entry orders
for the 2nd half of our shorts at Dow 17800No advice etc etc.
Never give up, never surrender.
Bears have nothing to shout about but they could whisper
that Ftse 6225 & Dax 10100 have not been broken upwards.Never give up, never surrender.
A better day re the contest with the Memsaab and
Cim is right back in the frame 😉I used the Dow drop to close my 17607 short for
a loss and then took a long ride back up and
made good the loss. Now I can reopen the
short and go out whilst it’s sunny 🙂Short Dow 17700
Never give up, never surrender.
Short Dow 17700
We are not waiting for 17800 and so have added the 2nd half now.
Short Dow 17750
Never give up, never surrender.
Short Dow 17700
We are not waiting for 17800 and so have added the 2nd half now.
Short Dow 17750
Set stop to 17725 as that is a combined b/e, fwiw.
I would rather reenter than get blown by a rally.
Never give up, never surrender.
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