@Ringding58, Yes, this fake vaccine news boosted the market again, like 29-Apr. I wonder if this bullet will work for the 3rd time! But 3000 is very challenging resistance line! We will see how far they can push it! :D
Ringding58
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@hesamqaydi, Shame Donald Pump keeps pumping the market will all kind of nonsense. Cheerleader in chief.
Cabot101Management
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So here is the point I was making..... T/L analysis is an interpretation and a good way to gauge safe buy and sell zones , the price has broken through you line , Does it matter ? of course not , does it mean your lines were wrong , absolutely not .....
UnknownUnicorn7069386
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@Cabot101Management, Thank you for your comments. I just have different opinion on the market movements. As you can see my idea came true today.
Cabot101Management
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@hesamqaydi, different is good , I feel you have missed the point , you acheived this and it went through your trend line does it mean your trend line was wrong ( No ) a trend line is an interpretation of a price area , whether you use Wicks/Bodies it matters not ....
I was referring to your comment on the gold trade I entered, if that's your interpretation it also doesn't mean you are wrong nor right the trade is in the green for a reason :) .....
This is solid! lets hope for my sake that it continues on Monday :)
UnknownUnicorn7069386
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@Bigvicgt, Monday is crucial for the next month trend. If it doesn't close below 2915 then we are in another bull trend till 3130. We need another tweet from Trump regarding China to increase the tension. Any military adventure with North Korea or Iran can break this fragile trend, turns the table toward bear market. We also should keep eye on Saudi's oil cut promise. We need the oil price stay above $20 to save American oil companies. We don't want any bad news on Monday for unemployment or companies bankruptcy. Any bad news should be postponed. I think governments are aware of this critical moment so they will try to boost all their good news for Monday. CAN'T WAIT FOR MONDAY!