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NFTRH+; 4 Charts, 4 Short Setups

The internets have been conspicuously weak, as we’ve been noting in the NFTRH reports using a weekly multi-panel ETF/Index charts. Here’s the daily view of FDN right at its neckline support. It’s got a Hammer candle and could bounce. A short between 138 and 140 might work out (with a stop above 141 or so). This measures to around 115. I actually took a short … Continue reading NFTRH+; 4 Charts, 4 Short Setups

Sums it Up

Taken from a comment to a post over at Tim Knight’s Slope of Hope… Perfect! That is how the whipsaw market driven by the news cycle feels to me. Trump unleashes a tweet, Pelosi unleashes impeachment hype, someone lobs a bomb at an oil processing plant, the mainstream media bombard us all with it and then the markets react after the machines react. I can’t … Continue reading Sums it Up