with bull / bear ratio at euforic levels this morning:
US500 bull 3.72% bear 96.28%
Comments
Mikke2130.
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i HERE A LOT OF INVESTOR AND TRADERS SAY THIS IS A MINOR SELL-OFF AND I WANT TO TELL ALL OF YOU THERE WRONG. THE MAJOR SELL OFF HAS ALREADY BEGUN. THE S&P 500 HAS ALREADY FORMED A PERFECT MONTHLY WOLFE WAVE PATTERN WHICH IS IN STAGE 5 EXTREME, WHILE MOMENTUM HAS ALREADY TURN DOWNWARD. THE MARKET WILL NOT ADVANCE SIGNIFICANTLY ANY FURTHER. THE DECLINE WILL DROP TO THE 700 TO 600 AREA. SO ANY ONE HOLDING STOCKS OR INDEXES FOR THE LONG HAUL ARE GOING TO LOOSE GREATLY. CHECK OUT THE WOLFE WAVE PATTERN.
marti_marti
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1837 short is inn ... SL above all time high at the moment
marti_marti
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SL hit just at 1841 with sall loss - I will wait to see the outcome of todays daily candle
marti_marti
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reShort at 1835 hit again ... now we should get nice UGLY daily candle today according to this idea ;)
marti_marti
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1837 short added ... today close should be low , and after close AA earnings will tell : the king is naked and so loud called global recovery will be just fine fairytale ...
marti_marti
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and here we have another wedge ... todays close will tell the story
marti_marti
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finaly today we had the MOVE ... now it should go smoothly wit the IDEA further
marti_marti
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today SL on profit was hit at 1830 ... this should't happen ... possible that 1815 print was the end of a short / quick correction from highs.
marti_marti
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getting back on this idea with short entry at 1848 ... below 1843 adding short ...
marti_marti
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nice move ;) ... next week we will see more , finally