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World Stock Markets Trading Discussion - Jerky joystick


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Thanks! I'm personally agnostic at this point. It is common to see a month end ramp and also common for an up bias on Fed announcement days. So I think we'll see next week which way we are headed next. To me this is just range bound trading. But I just can't imagine in my little brain that this market has anticipated the impact of 25% 200 billion dollar tariffs on China and the blow back that will follow. So I'm flat until I see a direction. I do have some low ball limit orders out for single stocks just in case a few decide to dump some morning but that's just looking for a lucky buying opportunity.

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Nice little failure to clear resistance leads to potential downturn in 5 day cycle. 5 day cycle projection has been pulled down to 2829, with 5 day cycle oscillator not yet on sell signal.  2 day cycle projection downside 2810. 

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