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    MA
    MarcinO
    Rep: 67
    Posts: 5,506
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    Lot of large scale (M60, M120) sets are interesecting in 34-37 range.

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    es 2015 01 25 png
    MA
    MarcinO
    Rep: 67
    Posts: 5,506
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    3Ds into the area are shaping up on M3 time frame in ES.
    RA
    rat89
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    Posts: 7,015
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    backtest of break out and make or break in this area:

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    screen shot 2015 01 27 at 10 56 27 am png

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    screen shot 2015 01 27 at 10 56 41 am png

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    screen shot 2015 01 27 at 10 49 40 am png

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    screen shot 2015 01 27 at 10 48 09 am png
    RA
    rat89
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    Posts: 7,015
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    dia being on the edge of crashing has me looking at all 30 dow stocks. Some are in the endless uptrend, or have just dropped back from it. Others have been all over the place. Three caught my eye:
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    screen shot 2015 01 27 at 11 35 38 am png

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    screen shot 2015 01 27 at 11 37 41 am png

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    screen shot 2015 01 27 at 11 39 17 am png
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
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    (Edited )
    Nice charts, crew. Myself, I think we are in a 'topping process' battle. I think the bear starts this year as the system starts to unravel, but it may take awhile before the shift in sentiment is to bear, so there may be a battle. Perhaps not. But, according to Armstrong the world starts to implode in Sept. On the other hand, he seems to expect churn with maybe some downside bias in stocks until then, then bonds implode and stocks get all the money and soar (Moar!). I'm not seeing that, but that's only because it would be the most asinine thing, in my opinion, that has ever transpired on planet earth. I guess I should be saying it is likely because it's the most asinine...
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
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    Watch the ES closely here, that may be it. I am thinking it goes and goes, but if not, here is a key spot.
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
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    (Edited )
    Nope, no worries:











    Source: http://www.zerohedge.com/news/2015-01-27/consumer-confidence-surges-highest-last-time-markets-crashed
    RA
    rat89
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    Posts: 7,015
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    interesting area here on spy
    208.97 - 198.55 = .50 at 203.76
    206.26 - 201.74 = .447 at 203.76
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
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    (Edited )
    Pushed up a bit on your area rat, but they liked it. It might be done selling here, but it may not be. I think there is some serious underlying weakness in this thing. When the day comes when it all gives way, it's going to be something to see, that's all I can say. I think it will make the deflation of Tulips during the mania seem like a walk in the park. Hundreds, maybe even a thousand trillion extinguished. The world has never seen anything like that, 'inflation adjusted' or not, in human history. Just my two cents.
    JI
    jimkane
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    Okay, watch here.
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
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    They want this dead. Wow. Last chance, folks ('folks' being 'bulls').
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
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    The linearity of that 200ma is just crazy stoo-pid, isn't it?