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200 DMA Coming Up: Rejection?

Chart says all. 200 DMA been the pushback all year. Probly gonna dump again to give us a right inverted H&S.

The next rally will likely breakout above the 200 and really rocket. Be ready. Short-term short; longer-term long.

NB: 0.618 Fibo was 4007 from the 16 Aug peak (not shown). trading slightly above it here, pushback Weds PM went to Fibo.
Probly a good price to set up shorts imo, SPX 4k, SPY 400. Puts are cheap again, always a good sign for bears. FOMC 14 Dec!
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Look at 8-16 Aug. Setting up for same kind of blow-off imo.

Didn't short it EOD, maybe shoulda, maybe gets a bit higher. 4054 oughta top it if it didnt' already.
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How bout that
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3960 may find support for push higher before lower. be cautious!
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Breaking up hope you closed ur shortz!

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