I like your count, but this could be a bull trap. I don´t know and only time will let me know. However, as long as the market continues to trade long, I am going with the short term trend. If the spx daytime hits a brick wall in the 2003 to 2035 range I would perceive this to be a bear market rally. Break 2035 on a stong daily close and hold it, would think price could trade higher.
hehe
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... you're right - but but for now - I am looking optimal solutions for the market in the short term.
elp
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Yes short term the market is up atm. agree with that.
sundog17
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Sorry meant post on the chart do you see a good place to get long ?
hehe
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.... no es tan facil amigo :
hakunamatata1
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Do you still believe we reverse soon. Seems like market still wants to go much higher ?