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Strategies & Market Trends : Wolfgangrene's charts -- Ignore unavailable to you. Want to Upgrade?

To: ItsAllCyclical who wrote (1053)5/27/2015 11:18:43 PM
From: wolfgangrene1 Recommendation

Recommended By
The Ox

  Respond to of 3976
 
I still have a 2485.39 SPX target.
It's still riding the 34ema.
Unfortunately, QE has wrecked the volatility that made trading easy earlier.




To: ItsAllCyclical who wrote (1053)5/28/2015 12:57:19 PM
From: The Ox  Read Replies (4) | Respond to of 3976
 
A more likely candidate but one that could easily "nuke" your short would be biotech, another move where the RSI gets over 70 would make it that much more attractive to bet against:

EDIT - it would seem that if the market takes a decent breather, this one will go down a larger %







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