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Posted in Lee's Free Thinking

Right Shoulder Higher Than Left Is Bullish 5/4/21

This is a syndicated repost courtesy of Stool Pigeons Wire at To view original, click here. Reposted with permission.

They’ve been zigging and zagging, and shaking and shucking. The dealers are trying to shake the tree, I think, as the US Treasury continues to pour phenomenal amounts of money into the markets, on top of the Fed’s QE.

Meanwhile, they’re trying to turn the 5 day cycle up here. If they clear 4180 in the 6-7 AM hour in New York, that would be a go. If they don’t, I’d look for support around 4172 for starters.


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