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DrStool

Dip Buyers Love Support Levels 5/14/20

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This reversal is a catastrophe. If we would close where we are right now would be an bullish hammer on the ES daily. Yesterday was a doji. If we would then would have a green candle tomorrow that we would be a monster bullish reversal formation. We really really must go down now, close below 2800 needed desperately.

Doc.

Seems like some dough of that 185 billion settlement yesterday did show up today. Not everything got set off by the Treasury issuance, although that amount was higher. Hm, weird.

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Just Relax and Enjoy the Scam week or Crooks will take you for a ride...IMHO

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1 hour ago, fxfox said:

This reversal is a catastrophe. If we would close where we are right now would be an bullish hammer on the ES daily. Yesterday was a doji. If we would then would have a green candle tomorrow that we would be a monster bullish reversal formation. We really really must go down now, close below 2800 needed desperately.

Doc.

Seems like some dough of that 185 billion settlement yesterday did show up today. Not everything got set off by the Treasury issuance, although that amount was higher. Hm, weird.

The $185 billion was just the first installment. There are two more settlements in this round. And yes, it didn't get deployed immediately.  Now we're seeing the affect.  

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some one was pumping hard in the close

those 1 and 2 minute pumps made sure to end on the HOD

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1 hour ago, DrStool said:

The $185 billion was just the first installment. There are two more settlements in this round. And yes, it didn't get deployed immediately.  Now we're seeing the affect.  

That‘s a catastrophe.

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9 hours ago, DrStool said:

The $185 billion was just the first installment. There are two more settlements in this round. And yes, it didn't get deployed immediately.  Now we're seeing the affect.  

If I read this correctly there will be another two MBS settlements on Monday and Wednesday, but those will be set off somewhat by the  Treasury issuance. Plus we don‘t have the monthly inflows like we had in early May. So it seems upside should be contained? Tripple top maybe?

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