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The long and winding road That leads to your door Will Disappear

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I've seen that road before, 200 level to be part of history lessons. For updates check linked ideas below.

This is an educational idea and not a recommendation to buy or sell.

DISCLAIMER:
Trading in the stocks market or futures markets is on e of the riskiest forms of investments available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose. Nothing in this analysis is a recommendation to buy or sell stocks or futures and I shall not be liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of this analysis or reliance on such information. Consult your financial advisor prior to investing is stock market.

This is one person’s experience, your experience may differ. Past perfomance is not gaurantee of future gains

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We will start with child swings and gradually move to mother swings.

Swing formations are like cycle of life and death. They take birth to die again. smaller and smaller in down move and bigger and bigger in up move, cycle of compression and expansion.

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Determined to break the channel. Holding 200 support for quite some time now. Absorption of supply.

Whipsaw/Shakeout is also possible, don't be afraid. Look at the Triangle, forming lower high's ? Traders will jump into short positions, if it breaks downside, only to find themselves into a bear trap.

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CHILD swings are growing

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Market at median line.

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Whipsaw, Bull trap, Birth of child, and now growing,Mother swing coming soon, all explained above. It is as simple as that. Question is do you have conviction?