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World Stock Markets Trading Discussion - Drastic diversions

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1 minute ago, Lesser Fool said:

Would be sweet to see stocks down for the week despite efforts of the PPT, aka President’s Prestidigitation Team.

There is nobody on his team.   That is part of the  point I think. 

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Pattern is still bullish on the 10 minute and hourly. 

There are lessons in history.  

https://suremoneyinvestor.com/2018/12/ppt-called-in-dow-gains-a-thousand-points-of-light/#deeplink

 

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so at 2400 someone got the notion for another vertical.....

just like 2350 yesterday......

100+ points one day

60+ the next IN ONE HOUR

with everything being bought across the board

(499 out of 500, again)

and its green....too easy.....

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They painted an inverted SHS on the hourly. So perfectly as if it would be from Picasso... Was just a 50% retrace from the monster upmove yesterday, once hit, kaboom to the upside. Looks all very mechanically, like engineered, simply too perfect...nonetheless that christmas low is gonna be a tough nut tocrack in comming weeks. Next step by them is to paint a positive January. Since Trump is a stock market addict he knows about the „January effect“

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what a bad joke.......

spx went red and then BAM

straight vertical.....Crime Pays........

the Dow puts up 100 points in seconds..........

there are actually gaps on a 1 minute chart

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2 minutes ago, MisFit Kid said:

what a bad joke.......

spx went red and then BAM

straight vertical.....Crime Pays........

the Dow puts up 100 points in seconds..........

That's short covering at the end of the day. Panic selling has ended (for now) and shorting during the day isn't working out. I'd like to see an MACD buy signal before trying to swing long for a short rally. But I did buy a few shares of Viking VKTX. Their NASH drug pipeline is amazing and they are getting fed to the wolves in terms of stock price. I'll wait and see how the market unfolds before trying to buy more.

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Hmmm, really don‘t know what to do with that now. It is one thing to prevent market to crash, another thing is it to create an initial upthrust. This looks like March 2009 st first glance. But with that low volume we had yest and today this engineered upthrust is hopefully just a fake.

Overall this is a warning sign to the bears: Don‘t be too greedy, we can eff you anytime we want. WE control the market not you.

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I mean, godddamittt! Holy effshit!!! 😡 They simply can pump that shit at will and do so as if there never was a hsrd downmove in December! If they like they bring it to 2600 tomorrow and everything is ok.

I mean look at the daily chart that‘s just sick!

 

 

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