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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 683.41+0.2%Nov 3 4:00 PM EST

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To: GROUND ZERO™ who wrote (90009)2/24/2017 1:45:30 PM
From: Hawkmoon  Read Replies (1) of 218315
 
The RUT/IWM really needs to hold these levels, and reverse, or it's going lower..

30 min MACD still descending.. 60 min price banging it's head on a descending Bollinger Band mid-point line..

Daily MACD and RSI descending, with a negative cross-over in the MACD being suggested. Also, a declining CCI indicator threatening a negative crossover..

Even more ominous is a approaching negative cross-over of the Weekly CCI and MACD.. Going to take a very hard reversal to turn these upwards.. and they are at very high levels already..

I think TZA is worth hanging on to.. until we see a change in trend.

Hawk
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