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


To: Bull RidaH who wrote (3747)4/2/2024 12:59:29 PM
From: yard_man  Respond to of 4397
 
thnx for checking in. chart much appreciated, BR.



To: Bull RidaH who wrote (3747)4/12/2024 7:45:02 AM
From: yard_man  Respond to of 4397
 
Just remember -- you've got friends in low places here, BR.

I drove a couple of hours Monday down into Ar-Kanasas to see totality with the hillbillies and hipp-I's --
I must admit it was pretty darn cool.

Does anybody really know what time it is?



To: Bull RidaH who wrote (3747)4/17/2024 12:19:31 PM
From: Bull RidaH3 Recommendations

Recommended By
accountant
isopatch
yard_man

  Read Replies (1) | Respond to of 4397
 
SPX - Yes... 3rd time CERTAINLY WAS the charm, as the target of the symmetrical triangle was met, and the prescribed reversal ensued. Notice the price interaction with the through lines of the triangle as price fell through them. Also note what's been holding price up from all-out collapse, which is that down fork, and its bottom tine. I'm not expecting the fork to be blown out til next week, as we enter the Central Puetz Panic Window after the full moon on Tuesday/Wednesday. Targets established from the topping pattern are in stone at the 4809 and 4750 areas, but if those are achieved by early next week, then buying there would be too much akin to "catching a falling knife." Looking at a 6-month daily chart of the SPX, you will note a distinct "WEDGE" formation, whose base is located in the 4650 area. A visit to this area is probable in an all-out house-clearing meltdown which shouldn't be surprising in this Powerful Puetz Panic Period (say 3X fast). At least those who were still bullish at 5275 can look back at it as one big April Fools Day Joke!!