Reversal Shorts - Top in

Maybe, the fun is just starting? You guys had your fun. Might be our turn now. Let us just see what happens when the market starts running up?
 
Maybe, the fun is just starting? You guys had your fun. Might be our turn now. Let us just see what happens when the market starts running up?
I would like to prognosticate their “king” indicators will fail....and become fugitives hiding from shame...ROFLMAO.
 
Now if we look at a daily chart we see what is called a small PB bull trend. Over 80 daily bars of SPB TREND. Price is staying well above the ema (gaps..gaps..and more gaps between low of bars and the EMA. So, price is staying, for the most part well above the ema. PB’s are small and staying above the ema except in two areas on the chart.These types of trends are actually some of the strongest trends there are. Volatility can be low but institutions are relentlessly buying up every pb. We may see 30, 40 or even 60 point pb that takes price down to or thru the Ema but even so it looks too strong for any pb to be more than a minor reversal on the daily chart.
PS don’t forget this post. We are there. ROFLMAO

ES went down around 60 points. Penetrated EMA then reversed. Like I said time to get long. Cheap price.

PS It is a bull market..mr T is ensuring that fact LOL..FEDS DON’T know what to do..their little games are, well, shall I say....OVER. They been had.

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So, I am like driving a muscle car with a full cam and you like driving a car that is hopped up on steroids by changing the chip. High tech?

What you gonna do when the bulls come for you?

Using indicators are like looking at the race after it is over. If you must use indicators then use price and not a derivative of price.

“Price is the best indicator of price.”


Make haste and put this on a sticky at the top of your computer.


There are many waves. Many cycles. My wife doesn’t have to understand waves to dry her hair with a hairdryer. She just needs to know there is POWER (pressure..i.e. voltage and sufficient amps) in the plug and to turn the hairdryer on and off (that is, execution and management).

The markets are bullish not bearish.

ROFLMAO
Remember this post?
 
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You are hilarious. Write that note yet on a sticky? Might wanna add a second sticky....”markets are bullish not bearish.” Maybe a third sticky..”time for going long” ..GOOD PRICE ...cheap...LOL
And remember this post during the PB towards EMA? Try really hard you might be able to connect the dots. Markets are bullish not bearish.
 
Even turning the daily chart UPSIDE DOWN and putting price UNDER the EMA bears are losing!

Mr T is winning..left and right...

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Even turning the daily chart UPSIDE DOWN and putting price UNDER the EMA bears are losing!

Mr T is winning..left and right...

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LOL! Just last weekend I was having a convo IRL and the topic of Adam Theory came up. Its something Welles Wilder dreamt up that markets directly invert, so by flipping a (correct) segment of a chart, future direction and extent can be foretold and traded. Your example must be an incorrect segment! More likely IMO, Adam Theory is just that... a theory. LOL!
 
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