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Re: common_cents post# 527

Friday, 08/24/2018 10:00:28 AM

Friday, August 24, 2018 10:00:28 AM

Post# of 659
$SPX is trying to hold up and this chart must resolve. Yes there are signs, however neither direction is confirmed in my view. The old saying to consider the trend shows that the trend is still down until it isn't.
The markets continuing to hold has helped IQ hold its bounce, but price is at the most important market structure support/resistance zone now. Timing just depends on one's trading style.
Only one guy's opinion.

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