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Right Shoulder Higher Than Left Is Bullish 5/4/21

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3 minute SPY chart has a perfected inverted Head and Shoulders here on the verge of a breakout. 

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I miss my fucutres charts. I guess I should pony up for a sub to Tradingviews.com

 

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There must have been a few big bubble stocks that got creamed today right?  I don't see why there are not more bear raids on over leveraged hedge funds and traders like Archegos.  If you get my drift. I'm guessing or assuming recent action is because of margin calls on specific players. 

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I mean last Thursday's clown car of a market is hard to understand without margin calls and a mini liquidity problem being part of it. Today as well.

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