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rimshot

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Re: rimshot post# 261

Tuesday, 05/26/2020 10:19:09 AM

Tuesday, May 26, 2020 10:19:09 AM

Post# of 368
$OEX 1366.55 horizontal level
marking the early December 2019 intraday
price low must be defended by bulls
during future declines

$OEX daily with McSum and McO -

http://stockcharts.com/c-sc/sc?s=%24OEX&p=D&yr=0&mn=7&dy=0&i=p44811130091&a=340963636&r=1590502633313

* bulls need to see the S&P 100 cumulative net
Advance-Decline line establish a new multi-week bounce high
that surpassed the recent pattern of lower highs which
reside below the late April high for the A-D line ...
without this internal confirmation of this week's attempt for price to advance to new bounce highs for daily closes,
the probable Staying Power of the price advance is limited ...
time will tell, and watch the $OEX A-D line as a priority

* time is our most under appreciated & valuable asset, lest we squander it *

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