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DOW: if we suppose that the ‘five up’ count fails by breaking below 25,400 and then 25,000, the only alternative I can see is a ‘three up abc’ which is likely the first part of a rising wedge.
The problem with this is that the Dow exceeded c=0.618 by quite a ways – target would have been 25,574 and it got to nearly 25,800.
Nonetheless, if the five fails, the Dow will/should drop to overlap the ‘A’ at 24,700.
We’ll have to see what happens in RTH.
I have no idea what will happen today so far. Every time it has fallen, they have bought it back up. Globex does seem very supported. However RTH can be different.
On top of that it is crooksday. They are unpredicatable to say the least.
I suppose will just have to wait for a signal of sorts.
Plan your trade, trade your plan!
Got a feeling they wont let it fall too much ahead of trumps tv show..maybe a test of globex lows (triple bottom) and slow grind up again.
Do we know what time Trump is on Air. I presume After Market Close so that they can forget all about it and then rally it on Monday.
Plan your trade, trade your plan!
I cant find a time for it k,ive been looking..exactly,probably 10 seconds after market closes he’ll pop out from behind the curtain.announce world war 3 with china,and after a brief pullback the fed will buy the dip lol
I cant find a time for it k,ive been looking..exactly,probably 10 seconds after market closes he’ll pop out from behind the curtain.announce world war 3 with china,and after a brief pullback the fed will buy the dip lol
lol brilliant. The trouble is it is probably true as well.
Plan your trade, trade your plan!
Who will hold what over this weekend ?
For me I don’t have to think as I have a plan
to hold the NAS longTalk monday.
Never give up, never surrender.
If, big if, we can break this 3016 area down, then we can fall.
FTSE action is the only clue so far, but it has been dragged up before by the US kicking and screaming.
Plan your trade, trade your plan!
After the grind up this week hopefully we see some profit taking before the weekend
I will toast to that!
Plan your trade, trade your plan!
After the grind up this week hopefully we see some profit taking before the weekend
I will toast to that!
Otherwise some of us gonna be toast lol
If, big if, we can break this 3016 area down, then we can fall. FTSE action is the only clue so far, but it has been dragged up before by the US kicking and screaming.
It didn’t. That’s all it needs to do.
Plan your trade, trade your plan!
After the grind up this week hopefully we see some profit taking before the weekend
I will toast to that!
Otherwise some of us gonna be toast lol
Too true. I will not forget the short I did at 3003.7 2 days ago that hit 307x yesterday. Crazy. FTSE done at the same time is now 20 points in.
Plan your trade, trade your plan!
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