The end of the US stock market is nearing

Quoting Argo

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Not sure if you've seen this channel but if rednecks are talking about the issue it should e obvious to everyone or not? https://youtu.be/qpDJPD6Hlgc

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Quoting Igrok

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just compare those two charts, guys... one is crude oil long time ago and another is Dow right now... can anyone see any similarities?... {image} {image}

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Quoting quql

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{quote} Its hard to find similarities (look left) https://i.imgur.com/y7NAyat.png {image}

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Quoting Igrok

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{quote} those two pictures that I posted side by side are almost identical in those parts depicted... both have a diamond in the middle of a trend and on both the initial retracements have reached the tops of those diamonds... in regards to the consolidation later on on the oil chart it turned out to be a clear and obvious triangle shown in the pic here... that was a clear sign that the entire previous uptrend will be covered eventually... {image}

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Quoting quql

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5min Funnel structure https://i.imgur.com/9Vv8gNV.png {image}

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Quoting Igrok

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{quote} this is nothing of any significance...

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Quoting Argo

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Good day Igor, At times market presents a situation like demonstrated in the attached image where two trend lines are broken and conflicting signals are present based on tl brake. In situation like this will the MM of the week and previous day play a main role or would you interpret situation differently in this case based on other clues?

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Quoting Argo

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By the way watched a podcast on AURORA yesterday interview with handsome looking fella. {image}

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Quoting quql

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{quote} Sure, no one cares about Funnels https://i.imgur.com/SCVaGJP.png {image}

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Quoting Argo

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Good day Igor, In this picture the instrument is in uptrend and approached a level where the patter is in making. The first day of the month is up but today (on a second day of the month) day changed to down and broke a TL to a downside although monthly low is not taken out yet. In this case we can assume up move was a falls one and perhaps trading to a downside should be a preferred for two reasons Broken TL and change of a MMD? or as long as monthly low is in tucked long positions are still in favor and broken TL has no significance, only completion...

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Quoting Argo

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EURCAD is at long term TL and zoomed in looks like a DMT but not sure if sequence is ok and this is a real thing. CADCHF is the same lookingpicture {image} {image}

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Quoting Igrok

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that was kind of unusual as there was practically no market reaction on those phony payroll numbers released today... it means that from now on fundamental analysis is no longer capable of producing any sort of markets' moves... seems like TA as well as my original approach of "visual analysis" including "trading templates" based on MM and ATR are the only ways to generate trading signals... template #18.4 would've been the most effective choice I suppose...

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Quoting Hetal.Mehta

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{quote} I think you will see this more often now. Probably because those numbers are not a surprise anymore. They are going to get worst... everyone knows. I agree, Fundamentals won't work anymore. I am sticking with technical on per day basis. At the end of the day I want all my money out of this market.

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Quoting Igrok

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{quote} that's quite apparent that the markets must be heading back to sub 2008-9 levels... it's supposed to be as inevitable as tomorrow's sunrise... though there is a paradoxical situation... what keeps the markets so far from reacting properly to the incoming economic numbers, as well as from dropping down to where they belong to, is the fact that there are no investors left in them to care about their positioning... the markets have been artificially inflated for a long while... since 2008 at least... therefore pension funds, banks, corporations,...

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