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Strategies & Market Trends : Humble1 and Swing Trading Friends -- Ignore unavailable to you. Want to Upgrade?

To: sylvester80 who wrote (33885)	7/5/2019 1:57:04 AM
From: sylvester80	Read Replies (1) \| Respond to of 41179

Since someone asked in PM and SI sizes the picture smaller so you can't see the detail, the first thrust on Jan 26, 2018 at 286.63 never tagged the trend line. So the #1 tag was Sep 20, 2018 @ 293.94 and we are in the process for the 2nd tag which should be over 300 but less than 301 on friday (it goes up a few ticks of a point per day as it is an uptrend line). This top trend line has shown a violent reaction when touch but not always immediate. The start of that violent reaction after the #1 tag happened 9 days after that #1 tag without surpassing the tag. Also note that the 50 and 100 DMA delta have shrunk down to the lowest point in almost 4 months since March 15, of just 2.5 points (288 vs 285.5). So it won't take much to bring on a death cross. And it was a death cross that brought the implosion between December 3, 2019 and December 24...