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JA
jarek
Rep: 94
Posts: 3,474
With the bearish case on Bonds being so touted recently I'm wondering whether it's not a big smokescreen suggesting that quite opposite may happen... Especially after looking at the following charts:
AL
albert
Rep: 99
Posts: 3,094
Two Kane Pattern-Line-Fibs (PLFs) or a Kane PLF and a Kane DT ABCD in SPY RTH. Kane Trading rocks!
Good Trading,
Al Kamego
Good Trading,
Al Kamego
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TX
tx_ches
Rep: -10
Posts: 514
Yes, pullback.
Originally posted by rat89
that's more probably it
Originally posted by albert
Very funny. I was thinking pullback.
Al Kamego
TX
tx_ches
Rep: -10
Posts: 514
I call it PFL because you can pronounce it piffle (rhymes with whiffle (plastic ball)).
Originally posted by albert
Two Kane Pattern-Line-Fibs (PLFs) or a Kane PLF and a Kane DT ABCD in SPY RTH. Kane Trading rocks!
Good Trading,
Al Kamego
TX
tx_ches
Rep: -10
Posts: 514
Took a short on CLF but exitted for small loss. It was staying in a range and not getting any follow-through on the short.
The 60 minute looked like a 4PCP. But it also could be leading to a bull wave 3. So happy to be out.
And the darn thing is still in a tight trading range (TTR).
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The 60 minute looked like a 4PCP. But it also could be leading to a bull wave 3. So happy to be out.
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And the darn thing is still in a tight trading range (TTR).
RO
roofer
Rep: 3,689
Posts: 3,574
you just have to love a stock that has had over 200 points of 10 points or more swings in the first few months.... and is right back where it started....
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MA
MarcinO
Rep: 67
Posts: 5,506
Originally posted by albert
Two Kane Pattern-Line-Fibs (PLFs) or a Kane PLF and a Kane DT ABCD in SPY RTH. Kane Trading rocks!
Good Trading,
Al Kamego
Great chart!
I think it may be driven by a daily/4H ABCD set-up.
The two retracement shown group with APP and ER of ABCD near ML lower //.
I show it on SP500 as I have no access to SPY.
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RA
rat89
Rep: 0
Posts: 7,015
and it wouldn't surprise me if only one trader made money on it
Originally posted by roofer
you just have to love a stock that has had over 200 points of 10 points or more swings in the first few months.... and is right back where it started....
RO
roofer
Rep: 3,689
Posts: 3,574
just traders trading..... if the red line green set on yesterdays close was to be valid,in the face of the insane last hour bullishness, then OUR TOOLS, AND NOTHING ELSE.... should have pointed to RISK OFF!!! in the face of the manipulation in the indexes.... i think they did their job.... and all the way down today... they said repeatedly trend day shooting for targets...