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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
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To: ajtj99 who wrote (14596)1/7/2021 6:59:18 PM
From: rimshot1 Recommendation

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The Ox

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AJ - please be careful about potentially costing even one other trader by posting unsupported supposition about what is already priced into the US equity market vs. what remains unpriced - quoting you: " I suspect we will get more overvalued in the first quarter of this year as fiscal stimulus ..."

posting Bullish Sentiment based on a factually unsupported supposition about what may not already be priced into the indices on the very day of new record price highs for multiple indices can hurt the actual execution of a future timely exit which may need to be considered by other traders/investors

* at least 28 important Negative Divergences exist and at least 46 extreme chart metrics were printed today, that I am observing so far in my end of day review ....so, I count 74 separate red flag cautionary chart metrics in what I consider to be important technical measures of the potential upward Staying Power in the near term for US index charts

thanks for listening ... it is important to foster the accurate interpretation of charts and technical tools as much as possible .... there is an abundance of boards at SI and elsewhere which welcome unsupported supposition and unreliable interpretation methods
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