Signals & Trading Plan for Thursday 7/18/19

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Here is an excerpt from our trading plan.

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This is the start of Dip6 but...
Yesterday Tuesday we wrote:   “We are likely to see $SPX $NDX $RUT bounce around in the price zones below while $VIX $VXN continue to climb up.  Keep in mind though that the climbing will not be a straight line. And the price bouncing around will be just that - bouncing around.”

So first off, $VIX $VXN definitely did climb up today, especially at the end of the day.  $SPX $NDX $RUT did not do intraday bouncing. They all dropped toward the bottom of the zones we discussed, basically forming a minor dip.

Tomorrow or Friday, the bouncing that we mention will likely start.
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The rest of this article covers:
This is the start of Dip6 but... (more)
Support zones for $SPX $NDX $RUT at the end of Dip6  
Warning: Dip6 may morph into Major Pullback2
Trading Plan
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