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Re: MossyOak post# 121

Saturday, 04/02/2016 3:03:23 PM

Saturday, April 02, 2016 3:03:23 PM

Post# of 34020
Japan news and ECO news
Both were priced in by futures at open. Again retail traders are
almost always behind on news. It has the complete opposite effect.
Get traders short or long and in the wrong direction.

The market is not really correlated on anything at the moment. There is a demand for stocks now. This is a hard major wave 2 up.
This means rally can go to almost spx 2134 old highs.

This is normal behavior for a hard wave 2.


Kiss bottom of the channel and back
long got you 8 bagger and 10 bagger. 15 min rsi 30 to 70.
the more complicated you make it the less money you make.

Assume trend continues until bt 60 breaks 50 ma.
Correlations s/b ignored unless chart proves them.


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