| From: rimshot | 3/10/2022 1:04:41 PM | | | | | | S&P 500 daily cumulative net Advancing minus Declining Volume line -
* clearly in a relatively steady declining trend
stockcharts.com
Bull markets can save you from bad mistakes.
You can get poor entries, chase extended stocks, not cut losses, and the market usually saves you because it's very strong and forgiving.
In corrective markets, it's the exact opposite.
You usually get punished for being undisciplined. |
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| To: rimshot who wrote (255) | 4/5/2022 9:07:54 AM | | From: rimshot | | | | ADBE 473.49 April 4 HOD was a decent sell short entry region with:
a level slightly above 475.00 as the protective stop at the time of trade entry to possibly hold for multiple days
468.81 = Monday April 4 close
15-minute chart displays a possible double-top at 471.98 and 473.49, until proven otherwise
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| From: rimshot | 4/5/2022 9:17:28 AM | | | | | | TWTR - Twitter - 50.58 = 100-day horizontal bull / bear divider using the Trade Armor function at Fidelity ATP platform
now printing 54.75 with 13 minutes to go until today's market open
54.94 = pre-market HOD, so far
50.01 was the 1st major horizontal breakout level during 2015
57.64 was the early October 2021 intraday low, with a much lower intraday low in late October |
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