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MysteriousPersian
Sep 11, 2019 1:31 AM

Fakeout? Short

S&P 500 index of US listed sharesFXCM

Description

This is a more good selling opportunity here. This breakout will be watched by many. With put/call ratio dropping like a stone today and indicators briefly flashing greed signals, this is most likely a turtle soup breakout.

In addition, there is a lack of volume indicating weak buying volume, this short term rally seems to be stalling already.
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