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Strategies & Market Trends : Humble1 and Swing Trading Friends
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From: humble112/6/2024 6:37:32 PM
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Suddenly a very dangerous market. Here’s why:

1. The R2K MACD downcrossed today while its RSI continues to show a massive non confirmation all the way back to July. And look at that huge 11/27 Reversal Candle.

2. Continuing RSI non confirmation of the SPX 7/16 high. All within the context of a Rising SPX Wedge from 8/5. Very close to a MACD down cross on the SPX.

Message 34252966

3. Astro: Mars changes direction today with Uranus to follow Sunday after Venus conjunct Pluto on Saturday. Quite a cluster!

4. Trump chaos is back in town!

I am out of all longs after being loaded long for months.
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