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Sand P Shark to test 20MDA
S&P 500 Index
Short
Sand P Shark to test 20MDA
By DaddySawbucks
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Updated
Apr 27, 2021
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Apr 27, 2021
It's formed a 'W' cypher, sharkish pattern past week; typically these pullback to the 0.50 Fibo then bounce, or just sell more.
RSI is fading but not oversold. Probly got one leg left in the rally to ATH this summer, after sell in May and June Swoon IMO. GLTA!
Trade at ur own risk; not investing advice!
Apr 27, 2021
Trade active
Opened shorts EOD Monday and closed early Tues. Might bounce again. Be cautious!
Apr 30, 2021
Trade active
Made nice bit off overnite shorts, closed all out, looks bouncy here IMO. Cash over weekend!
Apr 30, 2021
Comment
Made beer money off bounce; Would not hold shorts over weekend IMO close to OS can bounce Monday, pure crapshoot. Stayin cash!
Apr 30, 2021
Comment
Looks like it might bounce off the 50 DMA here...
Chart Patterns
Harmonic Patterns
Technical Indicators
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by DaddySawbucks
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