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Sunday, March 15, 2020

$SPX - Establishing The Range

SPX is swinging up and down likely the beginning of a consolidation move.

There is some resistance overhead.  However, SPX is low enough that the buying pressure keeps it balanced.

Daily

23 comments:

  1. Fed sees the invasion of COVID - 19:

    https://www.youtube.com/watch?v=dK1B9b_0Z2Y

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  2. "The actions by the Fed appeared to be the largest single day set of moves the bank had ever taken"

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  3. what does that mean SC?
    We go up tomorrow or down?

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  4. Now GS has target of SnP 2000.https://seekingalpha.com/news/3551830-sell-sell-sell-s-and-p-trough-2000-goldman?fbclid=IwAR07zYOCliQIilL2qcqhvyySd4ZeVoyCWr41FOu-EuvhmT2D6rbT68T5NX4

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  5. Sorry its Goldman, that means pp forecasting SnP 2000 now...one min 3500, another min 2000

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  6. Beware The Ides of March!

    SCMarch 5, 2020 at 11:35 AM

    "Interestingly this year Friday the 13th is coinciding with the Ides of March. March 15th."

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  7. That means I won't buy today. Wait until tomorrow to enter SVXY.

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  8. TVIX probably rise into the $600'S today/tomorrow.

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  9. For SPX the -7% breaker will be triggered on the open.

    The -13% breaker will likely also be triggered later today.

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  10. FED is going to start buying in Cash market from today! Now it is a matter of their EGO and POWER...lets see

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  11. Sc what r u expectin . Rally how hig .

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  12. upro will be a good buy shorted uvxy tryed to short tvix there ids none

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  13. fed just said they will do qe with 700 billion

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  14. VIX isn't confirming this selloff either.

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