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

To: SGJ who wrote (171666)	4/18/2022 11:40:13 AM
From: GROUND ZERO™	2 Recommendations Recommended By Hawkmoon POKERSAM Read Replies (1) \| Respond to of 220192

That potential $INDU buy wiggle already fell apart... I faded that trade since the odds are always against a completion, as I mentioned... i shorted more QQQ at the time just when it was making new highs for the day, right now it's not far from the lows... The weakness is remarkable and there's nothing to turn it around right now... Also, the $VIX is turning more and more negative day by day, slowly but surely... GZ

To: SGJ who wrote (171666)	4/18/2022 12:31:29 PM
From: Turtles_win	Read Replies (1) \| Respond to of 220192

My sentiment bible is the Investor's Intelligence sentiment survey. It hit a low of 5 or 6% more bears than bulls recently. However, at important lows, there are 15% more bears than bulls. I think it is heading toward that as we speak. It will be very, very ugly if that is what is going to happen. Personally, I always see a CBOE equity-only put/call ratio clear up around 1.00 or so for a few days around important lows. That has NOT happened recently. Therefore, I think it will and there has to be at least a mini-crash to go along with that.