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Will the MACD cross @ 5550 ish 11:55AM lead the EMA again or...

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Obewan96

598 Posts.

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17/04/20

12:21

Post #: 44099385
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Originally posted by 5speed: ↑

Yep, still green at the moment. FWIW - I had set my alarm for 5555, coz 5speed like's the number 5, plus it would have meant a 214 point green arrow, and I thought this morning's 50 point gap was rather unimpressive compared the the US futures open, so had a bit more to go. There are a couple of gaps on the downside, but given the 50 point open, I revised my R6 to 5608, from 5508, which would give her a 137 point range for the day since the open. If we get a red arrow due to US Futures going down, or the Friday arvo jitters, I will take another look, but for now anyway, it's green on da screen. Its up presumably due to the drug annoucement and the potential opening of some areas of the US, so, the question is, are both of those presumptions correct, and does Mister Market want to take that chance over the weekend. I'll just let the arrow do the thinking.

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Will the MACD cross @ 5550 ish 11:55AM lead the EMA again or will it do a double back.
Obe

XJO Value at posting: 5,551.5
3 Upvote

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