To: Sendme who wrote (39045) | 11/29/2021 11:16:11 PM | From: Sendme | | | Another chart, just thinking out loud. Looks like accumulation.
If this breaks down this week, there is a lot of fib confluence at a 4-4.5% buy the dip.

EDIT
Same daily chart I posted earlier but with the RSI
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To: Sendme who wrote (39045) | 11/30/2021 10:12:31 PM | From: Sendme | | | Cypher pattern never completed. The H&S measured move hit it's target.
I am still open to a little more downside Wed and Thurs.


But then this chart favors a potential for a bounce.
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From: kckip | 11/30/2021 10:24:03 PM | | | | Nothing lining up. Overlaps and plain ole ugliness in some indices (DJIA, RUT, etc....), while SPX and NDX still strong... with respect to Sept/Oct lows. Either correcting something larger, or <gulp>, another extending wave.....hard to fathom. |
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From: skinowski | 12/4/2021 12:29:22 PM | | | | Don’t know if anyone here trades currencies, but it’s interesting. Could be that March, when the USD is strong, is a good month to travel to other countries. Or, to invest in foreign equities (and to unload them around the turn of the year)
Of course, unless this current bear phase ends soon, this year things may prove different. There may be an unusually high demand for dollars.
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