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Re: rimshot post# 57

Thursday, 08/02/2018 3:48:56 PM

Thursday, August 02, 2018 3:48:56 PM

Post# of 207
repeat: remember always to have an open mind
because large positive daily A-D values
are possible at anytime in the future

establish a routine of numerous chart element reviews
to guard against potential bear traps

* the chart space:

between the 19-day ema and the 39-day ema,
and
between the 39-day ema and the 50-day sma

for the cumulative Advance-Decline lines
is often prone to index price action bear traps

because what is not known on any given day is whether the
one-day or two-day dips below the 19-day ema will continue
downward further below the 19-day ema OR not

and whether the one-day or two-day dips below the 39-day ema will continue
downward further below the 39-day ema OR not

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