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What’s the betting that some entity won’t came along with
loads more oil storage capacity and make a killing.Never give up, never surrender.
SPX cash has to somehow stay above 2,805 otherwise the ‘rising wedge’ lower trendline is broken…
Phew, that looks very unlikely atm.
Still got about 45 minutes for some news.
I think it’s time for the EW rubber and pencil.
Never give up, never surrender.
I suppose there is no reason why a large buy program
or even several, could be executed in time for rth.That or a temporary restriction on short selling.
Failing that Dow rth will be eyeballing 23000
Never give up, never surrender.
The paper long is in profit. If it was a real trade, I would run that until RTH open.
Plan your trade, trade your plan!
Fed have helped out funds by buying junk bonds etc
so the least those funds should do is buy stocks.I wish they would hurry up.
I need to hear the 7th cavalry bugle !
Never give up, never surrender.
I so want to long it here into RTH open. Paper long SPX 2761.1
Blimey … first negative oil and now ‘K’ paper trading. These are very unusual times.
What a paper long. Looks like your bullishness is wearing of on to me Chris. Atleast I was prepared to paper long, if not long 🙂
Plan your trade, trade your plan!
That rally allowed me to close my Dow long (23248).
Now I am back in at a better entry point.
Small long Dow at 23100 … stop 22000 … limit 25000
Never give up, never surrender.
I will want to short any rally, still a long way to retrace down imo.
Plan your trade, trade your plan!
Dow cash has now made a lod (current) in the same zone as futures.
With cash just sub 23000I would say this is S4L
Never give up, never surrender.
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