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Another Bullish Pattern on the Hourly 5/22/23

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.

When will it end?

A 3 day cycle low is due this morning. There’s no buy signal yet, but clearing 4196 would be the trigger for a move to test the high at 4214.

I’d be more bullish if this were a 5 day cycle low juncture. But that’s not ideally due until Wednesday. The problem for bears here is that if there’s no breakdown, by Wednesday, it would set up another squeeze.  Non Functional GPS Market

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For moron the markets, see:

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