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Strategies & Market Trends : Humble1 and Swing Trading Friends -- Ignore unavailable to you. Want to Upgrade?


To: humble1 who wrote (38772)3/19/2023 10:52:00 AM
From: humble1  Read Replies (1) | Respond to of 41035
 
intriguing SPX closes for H1 Date 3/16 and 3/16+1. Many times I have seen the dates go +1. This one could be a combo: a hit and +1. Right into an important nexus!

Yes, the dates are tricky. :)-




To: humble1 who wrote (38772)3/20/2023 6:29:20 PM
From: humble1  Respond to of 41035
 
Inside day inside of an inside day inside of a triangle thingy on the RUT.


(See back link.)



To: humble1 who wrote (38772)3/21/2023 6:27:55 PM
From: humble11 Recommendation

Recommended By
rdkflorida2

  Respond to of 41035
 
Make that New Moon on the Equinox. Quite a wick on the RUT candle. Hmmmm ….

See link back for chart.

And the SPX kissed the underbelly of the 50 day sma and the RSI:

Message 34198949

So Powell is going to tell everyone that the Fed has “tools” to deal with the banking crisis, with Yellen in the background saying regional and small bank deposits will be protected.

However, IMHO!, those are symptoms. The problem is disappearing liquidity as shown by declining M2 and other metrics.



To: humble1 who wrote (38772)4/3/2023 4:16:00 PM
From: humble1  Respond to of 41035
 
Big Evening Star Doji (slightly red) on the RUT. And here we are in the 5/5-5/6 Full Moon Window; a FM before a Solar Eclipse which leads into a Lunar Eclipse.

See back link.

A down day tomorrow could lead to a big decline.

(I have 5/5, 5/20, 5/26, and 6/26 on my radar.)



To: humble1 who wrote (38772)4/4/2023 1:28:47 PM
From: humble1  Respond to of 41035
 
RUT having a real bad day.

Back link.



To: humble1 who wrote (38772)4/6/2023 1:52:47 AM
From: humble11 Recommendation

Recommended By
POKERSAM

  Read Replies (2) | Respond to of 41035
 
The RUT: Easy Elliot Wave Counting

A trader friend only uses Elliot Wave when you can “see it from across the room.”

Well. I think I can see a clear five waves down from 2/2 and a correction which stopped in the area of Wave4 on 4/4 and quickly turned lower. (See back link) The sharp drop since then is convincing and is supportive for my recent short trade.

If this continues to develop, for non-Astro cycles the important AstroDate on 5/20/23 works for a target. This scenario is one to watch closely and should produce new bear market lows!