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	Comments on: Stock Futures At Resistance, Reversal Likely	</title>
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	<link>https://rightsideofthechart.com/stock-futures-at-resistance-reversal-likely/</link>
	<description>Stock Trading, Investing &#38; Market Analysis</description>
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		<title>
		By: chrisneal		</title>
		<link>https://rightsideofthechart.com/stock-futures-at-resistance-reversal-likely/#comment-18822</link>

		<dc:creator><![CDATA[chrisneal]]></dc:creator>
		<pubDate>Tue, 16 Jun 2020 03:16:49 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=201737#comment-18822</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/stock-futures-at-resistance-reversal-likely/#comment-18819&quot;&gt;Flanny3&lt;/a&gt;.

For the bears:  An ABC with equal A &#038; C length would go from the top of this channel to the bottom neatly.   I have 0 confidence in much of anything right now, though]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/stock-futures-at-resistance-reversal-likely/#comment-18819">Flanny3</a>.</p>
<p>For the bears:  An ABC with equal A &amp; C length would go from the top of this channel to the bottom neatly.   I have 0 confidence in much of anything right now, though</p>
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		<title>
		By: becky		</title>
		<link>https://rightsideofthechart.com/stock-futures-at-resistance-reversal-likely/#comment-18820</link>

		<dc:creator><![CDATA[becky]]></dc:creator>
		<pubDate>Mon, 15 Jun 2020 20:42:26 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=201737#comment-18820</guid>

					<description><![CDATA[I think we&#039;ll be heading towards $312 gap on SPY. Good volume on SPY today, almost 100M shares.]]></description>
			<content:encoded><![CDATA[<p>I think we&#8217;ll be heading towards $312 gap on SPY. Good volume on SPY today, almost 100M shares.</p>
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		<title>
		By: Flanny3		</title>
		<link>https://rightsideofthechart.com/stock-futures-at-resistance-reversal-likely/#comment-18819</link>

		<dc:creator><![CDATA[Flanny3]]></dc:creator>
		<pubDate>Mon, 15 Jun 2020 19:59:07 +0000</pubDate>
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					<description><![CDATA[man, looks trappy bears, think we got more to go, could have a good pop followthru tomorrow...]]></description>
			<content:encoded><![CDATA[<p>man, looks trappy bears, think we got more to go, could have a good pop followthru tomorrow&#8230;</p>
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		<title>
		By: salapati2		</title>
		<link>https://rightsideofthechart.com/stock-futures-at-resistance-reversal-likely/#comment-18817</link>

		<dc:creator><![CDATA[salapati2]]></dc:creator>
		<pubDate>Mon, 15 Jun 2020 19:52:49 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=201737#comment-18817</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/stock-futures-at-resistance-reversal-likely/#comment-18810&quot;&gt;Divergent Low Account Balance&lt;/a&gt;.

Will it be stocks next? Fed buying...]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/stock-futures-at-resistance-reversal-likely/#comment-18810">Divergent Low Account Balance</a>.</p>
<p>Will it be stocks next? Fed buying&#8230;</p>
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		<title>
		By: ssvanka2020		</title>
		<link>https://rightsideofthechart.com/stock-futures-at-resistance-reversal-likely/#comment-18816</link>

		<dc:creator><![CDATA[ssvanka2020]]></dc:creator>
		<pubDate>Mon, 15 Jun 2020 19:47:54 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=201737#comment-18816</guid>

					<description><![CDATA[Very impressive. Waiting for end of the day levels.]]></description>
			<content:encoded><![CDATA[<p>Very impressive. Waiting for end of the day levels.</p>
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		<title>
		By: jknyborg		</title>
		<link>https://rightsideofthechart.com/stock-futures-at-resistance-reversal-likely/#comment-18815</link>

		<dc:creator><![CDATA[jknyborg]]></dc:creator>
		<pubDate>Mon, 15 Jun 2020 19:14:51 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=201737#comment-18815</guid>

					<description><![CDATA[Thank you Randy for posting intraday on futures. I have not been around that long and are very impressed and glad you enjoy posting as much as you do. Stay on top!]]></description>
			<content:encoded><![CDATA[<p>Thank you Randy for posting intraday on futures. I have not been around that long and are very impressed and glad you enjoy posting as much as you do. Stay on top!</p>
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		<title>
		By: Action_Jackson		</title>
		<link>https://rightsideofthechart.com/stock-futures-at-resistance-reversal-likely/#comment-18814</link>

		<dc:creator><![CDATA[Action_Jackson]]></dc:creator>
		<pubDate>Mon, 15 Jun 2020 19:13:24 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=201737#comment-18814</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/stock-futures-at-resistance-reversal-likely/#comment-18812&quot;&gt;FooHawk&lt;/a&gt;.

Yeah, how many times can they pump the market saying they will do whatever it takes within their power to support the economy.  &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;Quantitative easing (QE) is a type of monetary policy used by central banks to stimulate the economy when standard monetary policy has become ineffective.&#039;&gt;QE&lt;/abbr&gt; infinity. Its starting to sound like a broken record.  Anyhow the markets are at a critical turning point for the bulls/bears so its no surprise they stepped in right now and pumped it.  Everything rallied right into resistance so it was kind of weak.  Now if they take out the resistance with a big green candle...]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/stock-futures-at-resistance-reversal-likely/#comment-18812">FooHawk</a>.</p>
<p>Yeah, how many times can they pump the market saying they will do whatever it takes within their power to support the economy.  <abbr class='c2c-text-hover' title='Quantitative easing (QE) is a type of monetary policy used by central banks to stimulate the economy when standard monetary policy has become ineffective.'>QE</abbr> infinity. Its starting to sound like a broken record.  Anyhow the markets are at a critical turning point for the bulls/bears so its no surprise they stepped in right now and pumped it.  Everything rallied right into resistance so it was kind of weak.  Now if they take out the resistance with a big green candle&#8230;</p>
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		<title>
		By: FooHawk		</title>
		<link>https://rightsideofthechart.com/stock-futures-at-resistance-reversal-likely/#comment-18813</link>

		<dc:creator><![CDATA[FooHawk]]></dc:creator>
		<pubDate>Mon, 15 Jun 2020 18:55:43 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=201737#comment-18813</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/stock-futures-at-resistance-reversal-likely/#comment-18809&quot;&gt;crlists13&lt;/a&gt;.

Same here, kept my shorts, but grabbed some 3x bull leverage to take the sting out.  Actually made a bit on this run up today.  So net positive.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/stock-futures-at-resistance-reversal-likely/#comment-18809">crlists13</a>.</p>
<p>Same here, kept my shorts, but grabbed some 3x bull leverage to take the sting out.  Actually made a bit on this run up today.  So net positive.</p>
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		<title>
		By: FooHawk		</title>
		<link>https://rightsideofthechart.com/stock-futures-at-resistance-reversal-likely/#comment-18812</link>

		<dc:creator><![CDATA[FooHawk]]></dc:creator>
		<pubDate>Mon, 15 Jun 2020 18:53:45 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=201737#comment-18812</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/stock-futures-at-resistance-reversal-likely/#comment-18810&quot;&gt;Divergent Low Account Balance&lt;/a&gt;.

Not for long.  They really cant hold this up forever.  IMHO

As far as the news.  I think this was really to take pressure off the banking system.  We are moving from liquidity problem to a solvency problem.  They are trying to solve a solvency problem with liquidity and this will not work in the long run, even short run.  They are just creating more zombie companies.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/stock-futures-at-resistance-reversal-likely/#comment-18810">Divergent Low Account Balance</a>.</p>
<p>Not for long.  They really cant hold this up forever.  IMHO</p>
<p>As far as the news.  I think this was really to take pressure off the banking system.  We are moving from liquidity problem to a solvency problem.  They are trying to solve a solvency problem with liquidity and this will not work in the long run, even short run.  They are just creating more zombie companies.</p>
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		<title>
		By: Divergent Low Account Balance		</title>
		<link>https://rightsideofthechart.com/stock-futures-at-resistance-reversal-likely/#comment-18810</link>

		<dc:creator><![CDATA[Divergent Low Account Balance]]></dc:creator>
		<pubDate>Mon, 15 Jun 2020 18:50:37 +0000</pubDate>
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					<description><![CDATA[Fed to the rescue again.]]></description>
			<content:encoded><![CDATA[<p>Fed to the rescue again.</p>
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