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Strategies & Market Trends : Humble1 and Swing Trading Friends

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Lou Weed

The Ox

To: humble1 who wrote (38803)	5/11/2023 4:33:24 AM
From: humble1	2 Recommendations of 41014

Bullish Engulfing Candle on the SPX: See back link. Impressive Hammer, too. 6/2/33 blinks brightest on my radar with 5/23 and 6/26 still in the game. Any of these could be buying panic highs, IMHO. The debt ceiling hype is a farce. Flation is easing worldwide. China the latest example. Bank meltdown fears seem to have peaked, Huge piles of cash on the sidelines. Earnings were good. Companies have trimmed payrolls and used flation (sic) to their advantage. Folks are coming back into the workforce and shortages of goods are disappearing. Food prices have stabilized. Now look at the MACD and the RSI. Both say higher.

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