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      14/01/21 09:51

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    • Ferguson and Imperial College team's dishonesty over covid modelling uncovered. The Failure Of Imperial College Modeling Is Far Worse than We Knew | ZeroHedge
    • Ok - following on from the last chart One thing you MUST remember is NO-ONE knows what a market is going to do exactly, we are GUESSING and using BEST GUESSES based on PROBABLISTIC outcomes CNX1 - The ETF of Nasdaq100 - did exactly as it said on the tin We had: The Triple Bottom  The 2RSI tick up on the formation of the Triple Bottom Then the pullback Then we got a DOUBLE top formation, which for those inclined offered a shorting opportunity: Double Top  BOTH the 7RSI and 2RSI showed on the close of the bar labelled (RED) 2 - negative divergence (Lower high reading in the RSI) compared to red bar labelled 1 Break of the low of bar labelled red 2 = go short with a stop 1 penny above the high of bar labelled 2 Seeing these "swings" is much much easier by adding a swing file to ones charts - Remember also most chart patterns have logical places that INVAIDATE the trade - that is where your stop goes! Over 110 years ago - WD GANN said "Buy Double/Triple bottoms and sell double/Triple tops" - That advice still works today and I can attest it beats lots of the touted trading methods out there
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