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

To: Seismo who wrote (116238)	12/14/2018 1:54:43 PM
From: yard_man	Respond to of 219180

I agree on all counts.

To: Seismo who wrote (116238)	12/14/2018 2:45:07 PM
From: GROUND ZERO™	1 Recommendation Recommended By Mevis Read Replies (1) \| Respond to of 219180

We close below 2600 today, I think any hope for a rally next week will be cancelled... We may be on our way to 2534.00... GZ

To: Seismo who wrote (116238)	12/14/2018 2:55:35 PM
From: GROUND ZERO™	1 Recommendation Recommended By POKERSAM Read Replies (1) \| Respond to of 219180

The long term weekly support line for the DOW and the SP have been broken today and these two markets are now trading below their long term lines... the RUT has been below its line since September... I just noticed, the $SOX is now also below its line... so is the NQ, so it look like all of them are now below their key support lines... These are weekly long term support lines going back some years... Let's see where they close today and for the week... Also, here's that quarterly DOW chart going back to the 1987 high... as we approach the end of this quarter, we're now looking at a key outside reversal bar... GZ