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S&P 500
5,246.68
(
0.48%
)
US TECH 100
17,844.00
(
0.68%
)
Dow Jones
39,558.11
(
0.32%
)
Brent Oil
82.60
(
0.05%
)
Bitcoin
61,685.98
(
0.23%
)
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bsdvs23

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bsdvs23

Re: None

Tuesday, 11/20/2018 3:04:35 PM

Tuesday, November 20, 2018 3:04:35 PM

Post# of 16
$XRT: Retail destroyed today with earnings results, which didn't appear to be as bad as the market overreacted. Tech, Retail, and Energy are now driving the market further downward.

$XRT gap open potential fill at 41.30 - 40.70 area.

Major indices could be set to test the Oct. 26th lows, or more importantly the lows from Feb., before real institution buyers step in. Otherwise, all these pops and drops intraday area short term support and resistance trades.

Always have a trading plan in place. Avoid the noise on the boards and focus on protecting capital and following your trading plan.

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