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Down Again Up Again Finnegan – 6/18/21

This is a syndicated repost published with the permission of Stool Pigeons Wire at Capitalstool.com. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

It never gets old, does it?

Well yeah, actually it does.

At 4:30 AM in NY, 4209 sets up as a critical trend spport junction. If they get below that, shorts may have something going. But if it holds, back up we go, probably to 4323-24 as a first stop. If they clear 4225 next stop would be around 4235. Then if that’s cleared, target would be the top of one of those megaphones, around 4270-75, depending on how long it takes.

If they head down, first checkpoint should be 4203-05.

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This is a syndicated post, which originally appeared at Stool Pigeons Wire at Capitalstool.comView original post.

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Meanwhile,

Bond Market Has Mitigated Some of the Risk, But Don’t Go To Sleep

Market Engine Whines Without A Rudder

When This Boring Market Finally Reaches the Center of the Earth

Have Primary Dealers Built a Muddle Through Scenario?

 

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