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xe2dy

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xe2dy

Re: None

Sunday, 12/11/2016 11:10:16 PM

Sunday, December 11, 2016 11:10:16 PM

Post# of 601
Posted by NAV at Fearless Forecasters.


"Since the correction from 12/3, there's not been a sell signal even on 1-min charts. It's hard to short a market that strong and make money. Saying "This is not a top" is as much a prophecy statement as "This is a top". Anything can happen in the market anytime. But as a trader the risk/reward is always in the direction of the trend in one's timeframe.

It's not complicated folks. To short we need to break at least the nearest pivot (SPX 2242) and have a retracement failure. And that requires time on the part of market and patience on the part of trader.

Until then just buy the friggin' dips."

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