sp'60min
sp'weekly8b
Summary
*I exited LONG at the open, from sp'1962 (entry was 1937). That makes for 2 index-long trades this week, which for me... is a lot ;)
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The smaller cycles are getting overbought..and we could slip lower for a few hours, but I don't think it merits any attention from the bears.
The green candle on the weekly cycle is in my view a huge victory for the bulls, and clarifies the bigger picture. We're headed for the 2000s.
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**I am more than content to sit on the sidelines across the weekend.
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10.21am.. minor chop around sp'1962/63.
...only another 4% to go....but that will likely take a good 4-5 weeks.
10.46am.. micro snap lower... indexes set to turn red...
Kinda interesting