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Strategies & Market Trends : TRIPLE TRADES -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (1459)9/3/2021 8:34:08 AM
From: yard_man  Read Replies (1) | Respond to of 4424
 
Nat gas closing in on 5/mmBtu.
Maybe an unseasonably cold winter approacheth?



To: robert b furman who wrote (1459)9/4/2021 5:29:06 AM
From: Bull RidaH1 Recommendation

Recommended By
yard_man

  Read Replies (2) | Respond to of 4424
 
Brutha Bob! Yes... we are getting close now... won’t be long!! Just spotted another pattern on the $SPX, beginning from last September, that projects to that all important 5040 area!! Nice to have a confirming pattern for a reversal (harpoon release) target!!



But if the SPX doesn’t break through the upper line of this channel on around Sept 14th, which now looks doubtful, then JOAT’s scenario of a continued slow grind higher looks guaranteed. That would have the index reaching the top channel line at the 5040 target on Dec 3rd of this fall, with the expectation of a failure and collapse through the bottom channel line, and a tradeable low to come in around 4,400 early in the new year.