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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: rimshot who wrote (10492)	10/30/2020 1:08:08 PM
From: ajtj99	Read Replies (2) \| Respond to of 97526

rimshot, are you looking for a full re-test of the March lows, like Oct. 2002 and March 2003 on the indexes?

To: rimshot who wrote (10492)	11/12/2020 12:37:15 PM
From: rimshot	2 Recommendations Recommended By ajtj99 The Ox Respond to of 97526

imo based on chart reading, any price action taking place this week above SPY 357.00 was an opportunity to enter short as a position trade ... see below for the overall big picture -- this is NOT expected to be a long-term hold with multiple weeks duration ================================= $NYA daily with McClellan indicators and Advance-Decline metrics for only the operating companies within the NYSE - stockcharts.com ================================== Message #10492 from rimshot at 10/30/2020 1:02:13 PM you see we are possibly near the start of the final potential leg required to complete a W formation that is now dependent on price going up again from a higher SPY low ( dividend adjusted look-back price history) ????? The final leg requiring up in the coming weeks is what follows months of forming the earlier portion of the W for the SPY price action ...months ... and we continue to have a higher low when using dividend adjusted look-back on the price history ... all conditions are constructive at present for a completion of the W, and remains optimal while the higher low vs. the SPY 319.xx continues as the status stockcharts.com