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Time_Oracle
Jun 9, 2020 3:06 PM

$SPX the bigger picture  Short

S&P 500SP

Description

Economically sensitive stocks, including financials, industrials, materials and energy have participated in the general equity market recovery and have been outperforming other previous leaders since May 11. That's when specific measures of the sun's energy output also accelerated, added to by the annual peak in inbound solar radiation at mid latitudes. Such measures, especially at 11 solar minimums are volatile and need to be monitored-Thomas Chisholm
Careful at holding big positions during these times,and use trailing stops!

Trade active

Till the beginning of September is going to be bullish
Comments
Foysal_Habib
Nice analysis
Time_Oracle
@Foysal_Habib, thank you
adkef
Good.
It is time to buy.
I will sell at 3450
Time_Oracle
@adkef, thank you
HollyDary
Good job
Time_Oracle
@HollyDary, thank you
ProfitHarvest
This thing is fading fast, running out of juice. No way it cracks a new high let alone the top of the microphone.

Interesting analysis points, love it.

2100-2200 is probable by end of this July, not next. May catch at 2400 though.
Time_Oracle
@ProfitHarvest, thank you
trendingupinvestor
Thank you for the work. I like the initial wave to the 3500 area. I pull back 30% and continue higher. If we do break above 3410 we make a new high. Not that it mattered previously. Anything is possible of course.
Time_Oracle
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