Long

The Ying and The Yang

Updated

Markets imitate life, life imitates the balance between good and evil.

We walk forward into Q1, current market structure, sentiment and timing.

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Not having a pull back in the last several trading days has started to put us into overbought territory. The correction might come sooner...

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The trend reversal is building and 1 hour resistance has been leading the action.

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Here is the 1 hour resistance that I have been using to make good short entries.

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One 1 hour sell signal has re-materialized from after a double top

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The top continues to build and the Iran news was the catalyst we needed.

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Daily support broke , this usually is a signal

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We tested and held our major trend.

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This market may have just gotten started. I am targeting 3380 for January.

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My initial break out call and prediction are playing out exactly. Sometime you just need to stick with your first call.

UnknownUnicorn2689000

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