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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: sense who wrote (171990)5/19/2021 2:21:58 PM
From: sense  Read Replies (1) | Respond to of 218125
 
Also noting, out of the event in SPX this March... the lower bolly went flat, while the upper bolly rose. The current event is the opposite... the upper bolly is flat... the lower bolly is falling...

Suggests at least a "step lower"... my guess is to 3950... the 200 MA... at which point the 50 MA will have rolled lower... setting up the test of the 200 MA as the real event...

On current trend... that would be set for two weeks from now...

Appears "managed"... which is consistent with the "tests" of the controls I have noted, with great frustration, over the last week or two...

Have not been day trading the UVXY today... just along for the ride... so can't say whether it is being throttled similarly today as in recent trading...

Prior limitations imposed in UVXY would work to prevent building a position quickly on a day like today... "to ensure an orderly market"... only with the restrictions removed as soon as it doesn't matter (to them) any more...

So, i've been day trading it "when allowed"... to build a position to hold... using the trading to pay to maintain it against the erosion inherent to the vehicle... the held risk now all being the house money... surplus from that funding acquisition of gold shares...

Note wild variations in the performances of miners today with the burble...

DRD all and only up...
SA down... then up
HL... just down, then flat... if flat near the top of a big rise the last few days...

Laggards appear to be more sensitive to the bad news... the underperformers underperforming again... saying perhaps "who the shareholders are"... and how they perceive the market situation ?