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Strategies & Market Trends : TRIPLE TRADES
OPEN 7.610-2.1%Nov 3 3:59 PM EST
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To: Bull RidaH who wrote (621)3/10/2021 7:27:27 AM
From: Bull RidaH  Read Replies (3) of 4392
 
RUT - Though the index is only a percent above where it was expected to top, I'm reversing course and capitulating on bearish expectations for this index. The megaphone pattern referenced in that call is just too far past its influence period to have a current effect. When in doubt.... don't. Instead, I believe the index is in the midst of a quad forks move, and will visit the 3400 area before the end of next year.

NDX & SPX expectations are unchanged however as the bubble valuations in primary components deflate. And it will be a bumpy ride higher in the Russell, as setbacks must be expected during swoons in the SPX & NDX.

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