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


To: yard_man who wrote (2442)5/21/2022 5:25:42 AM
From: Bull RidaH  Read Replies (1) | Respond to of 4446
 
Yes... a little too close for comfort... will be a long weekend! 1007 point drop, and they pull it up 8.6 points shy of the target.... wouldn't put it past them... stranger things have happened.. wouldn't be the first time. Did you get anything bought?



To: yard_man who wrote (2442)5/22/2022 9:08:38 PM
From: Bull RidaH  Read Replies (1) | Respond to of 4446
 
SPX - 3810 is pretty dang close...

3810.20 to be exact. Inquiring minds wanted to know if the descending megaphone line, due to sit on the 3801.70 target on Monday, was struck at Friday's low. Using a 100X magnification microscope, Friday's location was ascertained to be EXACTLY 3807.8. NOPE... it came up 2.40 shy of hitting the line, and 8.50 from hitting the target.

How could a 134 point rally spring up from where it did? The answer - THE FED DOES NOT CHART WITH MICROSCOPES!!