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NQ-nalysis

  #521 (permalink)
 wxsim1 
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5% off the current yearly highs is super doable. The weekly 3 push high definitely looks menacing. Those stops below the 4080 level may look in trouble soon, but first would like to see a wave up before we head to the 3900 level. (2-3 months timeframe)

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  #522 (permalink)
 
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 Neo1 
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Potential support between the LVN and Jan high. Possible bounce/ price rejection off LVN.

LVN @ 4304



LVN not quite touched in RTH session, gap not completely filled.


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  #523 (permalink)
 
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 srgtroy 
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Kissed the 50% retracement of the uptrend on the daily. It combined with the 4300 level to provide support.


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  #524 (permalink)
 
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 tturner86 
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50 SMA held support.



Double bottom last week so large BO today. We are above the AWN High 4345.25, would like to see that hold support if tested.



Failed second entry short on the daily. We have traded above the 5 SMA today, if tomorrows low is near todays close that should trigger a Pascal buy signal and start the next leg. My first target would be the AWN low at 4401, that could be resistance, if we break and hold above that we could see a test of the AWN high at 4487.50.

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  #525 (permalink)
 
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 tturner86 
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Still watching AWN high, looking for support and bounce if we are to continue up. Trading though it could see test of AWN low.



Always watching 5 SMA. Always.

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  #526 (permalink)
 
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 trendisyourfriend 
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tturner86 View Post
...

Always watching 5 SMA. Always.

Well! I suppose it is a good random level.

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  #527 (permalink)
 
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 tturner86 
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trendisyourfriend View Post
Well! I suppose it is a good random level.

No more or less random the a fib or pivot point. But probably better then a hand marked line.

Your speedometer in your car is never exactly correct, but at some point when you are driving you rely on it.

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  #528 (permalink)
 
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 trendisyourfriend 
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tturner86 View Post
No more or less random the a fib or pivot point. But probably better then a hand marked line.

Your speedometer in your car is never exactly correct, but at some point when you are driving you rely on it.

According to Adam Grimes who did a few quantitative studies, they are the same.

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  #529 (permalink)
 
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 tturner86 
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trendisyourfriend View Post
According to Adam Grimes who did a few quantitative studies, they are the same.

Then what is your point?

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  #530 (permalink)
 
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 trendisyourfriend 
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tturner86 View Post
Then what is your point?

No point, just an argument to pass time.

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