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S&P500 SPY IWM QQQ XLF XBI XLV VIX Technical Analysis Chart 5/11/2019 by ChartGuys.com

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17 COMMENTS

  1. I think the market uptrend is just broken, I can’t be bullish rather bearish unless tested all time high again coz macro economics n geo political issues are deteriorating again ! Thank you for your analysis though!

  2. Must admit I don't agree. The Stars threaten at best a very Volatile time till around Wednesday the 22nd May. At worst serious Selling as we move towards the Full Moon on Friday 17th May into the Mercury combustion early the following week. And then more trouble in the week of the 27th May. We await Chinese response to Trump's Full House hand that he played late on Friday 10th May after the US Close. Unfortunately I expect a sharpishly lower open early on Monday/ tomorrow 13th May. But a strong US Economy doesn't evaporate in a blink. Though remember pre 1929 the US Economy and Markets were booming. H

  3. Dan. Look at the tech signals. Daily hidden divergence with a Bullish engulfing bar. Also, look at H4. after 3 pushes down we have a W Patten.with divergence. Almost all the indexes have it. Very strong signals that the bulls are in control again. I enter already long on Friday on all the indexes with confidence with a gearing of 1:500

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