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


To: GROUND ZERO™ who wrote (137550)2/3/2020 4:51:25 PM
From: Hawkmoon2 Recommendations

Recommended By
3bar
GoodGord

  Read Replies (1) | Respond to of 222792
 
Every once in awhile I take a gander at this long-term Quarterly chart of the SPX..

One thing I'm noticing is that those MACD uptrends are getting shorter and shorter with each iteration..

And of course, each time those upper Bollinger Bands get tapped, it's usually time for a big pull back..

And the stochastic flipped downward..

This makes me tend to believe we're at, or very near, the top, and every rally may turn into a selling opportunity.

Could be that this Wuhan virus is just the Black Swan event to trigger some a retreat..

bigcharts.marketwatch.com

Hawk



To: GROUND ZERO™ who wrote (137550)2/3/2020 5:24:32 PM
From: Cyrus  Read Replies (1) | Respond to of 222792
 
Good thing you didnt join the dark side for now, lol!

foxbusiness.com