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Good explanation ! I wonder if we've made our B bounce high at 3428 and it's bombs away tomorrow or if the QQQs just continue to rotate into other sectors.
Another issue was there was a pretty big Fibonacci time/price balance there exerting downside trend pressure.
Here is a reference to the Cha-Cha-Cha from back in 2004....The more things change, the more they stay the same.
https://www.thestreet.com/k/jc/pdf/200403162052.pdf
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Good explanation ! I wonder
Knee jerk appears to be down...needs another 15 mins... then ...
Posted by fredsaid on 16th of Sep 2020 at 03:55 pm
Good explanation ! I wonder if we've made our B bounce high at 3428 and it's bombs away tomorrow or if the QQQs just continue to rotate into other sectors.
Another issue was there was
Posted by chartboy on 16th of Sep 2020 at 04:05 pm
Another issue was there was a pretty big Fibonacci time/price balance there exerting downside trend pressure.
Here is a reference to
Posted by chartboy on 16th of Sep 2020 at 04:22 pm
Here is a reference to the Cha-Cha-Cha from back in 2004....The more things change, the more they stay the same.
https://www.thestreet.com/k/jc/pdf/200403162052.pdf