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This Market Is Such a Tease 05/23/22

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The S&P hourly 24 hour ES fugutures chart seems to have set up a beautiful bullish base. 

Pass or fail?

The answer is 3960. 

Above that, they'll run it back to 4000, with a measured move objective of 4050-4080.  

Other than that, it's wait and see for bears. They gotta take out 3905. Then we can talk. 

tvc_9460cfd3dea1cb248da313cce6cd76be.png

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5 hours ago, DrStool said:

The answer is 3960. 

Above that, they'll run it back to 4000, with a measured move objective of 4050-4080.  

Still true. 

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Then of course there's always the possibility that everything I say today will turn to shit.  

😱😄😄😄

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This week we start with 11 picks including the 2 new ones. 8 of the 11 picks are longs.

One of the shorts hit the trailing stop. The other two are doing fine with gains of 28% and 33% and trailing stops coming down each day. The 8 longs are doing well, particularly the 6 energy longs that started popping up in the screens two weeks ago. They're starting to pay.  Even Steven in This Week’s Swing Trade Screens

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