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Strategies & Market Trends Buy and Sell Signals, and Other Market Perspectives
To: GoodGord who wrote ( 161477) 9/26/2021 7:32:32 PM From: GROUND ZERO™ I agree... Higher rates should not be a problem for these markets until the 10 Year Note moves above 2.60%, that's been the historic breaking point... Currently at 1.46%, it's not really a threat... GZ Recommend Keep Reply Mark as Last Read
To: JMTrader who wrote ( 161483) 9/27/2021 8:30:43 AM From: GROUND ZERO™ I already sold my TQQQ and SOXL in the pre market already, took a small profit and will now wait... Right now there's a bearish divergence between the SP cash and futures, this isn't good for today unless the cash could take out Friday's high... If not, then expect more selling today... The bonds look ready to spike higher and looking very good... The FAS is also looking as expected with bonds moving lower... Bullish for the dollar... GZ Recommend Keep Reply Mark as Last Read
From: northam 9/27/2021 9:15:18 AM With the futures currently down 11. The SPX Weekly could open in bear territory. However, for the Weekly to get a Bear Cycle confirmed this week, we will need a lot more down. Today possibilities: 60 min extended Bear Phase (Overdue) 4361.07 Daily short Bear Phase 4354.60 Recommend Keep Reply Mark as Last Read Read Replies (1)