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Looking good... Starting to see confirmation were entering the final ramp before consolidation pattern starts. Don't care for one sided markets... I will be shorting resistance setups in the S&P as early as Thursday/Friday, and next week onward.
Not in tech though, the Nasdaq could easily rip straight up five percent from here through next month without taking a breather.
Just need investors/funds to take off their hedges (futures shorts, etc...) after the non-event FOMC announcement and back to normal trading conditions like early/mid September!
Last edited by meanVelocity; October 28th, 2014 at 04:28 PM.
This is a momentum move, and on the weekly... We have not lost momentum or reached primary resistance yet. Going to be getting real aggressive about shorting bounces when that occurs, but not until then!
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Last edited by meanVelocity; October 31st, 2014 at 12:55 PM.
Reason: Forgot IMG Code