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World Stock Markets Trading Discussion - Jaded jostling


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Support convergence now 2891. But more at 2888, and every 2 points or so down to 2878. So traversing that zone, if it tries, will be very interesting. A breakdown below 2890 could be construed as a neckline break of a head and shoulders top on hourly chart. Should generate some bot selling.  

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29 minutes ago, Jorma said:

On the Treasury supply side I will be stunned if the Treasury does not run off 100 or 200 billion of their balance before the election.

I wouldn't be surprised to see $300 billion. That could put the SPX at 5000. 

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