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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: techtrader73 who wrote (90838)3/21/2017 10:26:41 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 220068
 
Tops, if that's what this really is, take a very long time to develop, much like a great ship in the ocean that takes many miles to turn about a full 180 degrees... although, it's beginning to look that way, but we'll see... meanwhile, I'm short and have been short for days already, short at 2378.30 in the June contract since Friday... a few more points lower and it will trigger a bigger sell signal... my wild hunch is that we'll see that trigger tomorrow or Thursday, maybe... I'm in no hurry... short stocks and long gold is a winning combo right now, I'm not messing with it...<g>

GZ



To: techtrader73 who wrote (90838)3/21/2017 10:48:04 AM
From: GROUND ZERO™  Respond to of 220068
 
Yes, the RUT possible HS is beginning to take form right now, it has multiple left shoulders, about 5 or 6, so we could also see as many on the right IF that's what it's forming right now... it definitely is beginning to look like a serious HS, let's see how it develops over the next few days/weeks... right now it's more than just a tropical depression, it's more like a tropical storm taking shape, but not yet a full blown hurricane... let's keep an eye on it...

GZ