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DowUS30

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    • What do you think, Kathleen?   Looks like oil is consolidating above a 200 day SMA, so it is likely to fall down to $38 (or maybe the foreskin-tingling $36) but then it's likely to come back up to $40 and stick around that level for a while.  🤔
    • Oh look, trillions of dollars sloshing about seeking alpha and very little of it 'trickling down' to actual human beings.  No wonder there is no inflation.  You'd think somebody planned this all out or something*. https://uk.reuters.com/article/uk-health-coronavirus-britain-fca/12-million-people-in-britain-will-struggle-to-pay-bills-watchdog-says-idUKKBN2763C5   * For those who'd like to know more about it: https://www.marxists.org/archive/marx/works/download/pdf/Capital-Volume-I.pdf
    • Once again my mind cycles round to this idea of understanding wave structure and how Fibonacci ratios aren't useful on their own. But then I open up that book by Precther and Frost, and then I remember why I didn't go any further with EWP.
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