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Dave Reiter
Proprietary trader since 1989. Trading stocks, commodities and crypto is very risky. Not suitable for most people. 90% of all traders lose money.
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Dave Reiter 3h
Replying to @bigD_K
My indicators suggest corn could retest the 2008 low @ 2.90. I will be very surprised if ZC drops to 1.80. Of course, anything is possible. Thanks!
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Dave Reiter 3h
Awesome!
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Dave Reiter 5h
Good for you! I'm short CLX9 @ 54.30. Protective stop is 58.40. Profit target is 45.15. Good luck.
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Dave Reiter 6h
Replying to @BTrade35
Agree!
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Dave Reiter 7h
Lower highs = bear market.
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Dave Reiter 12h
You are correct.
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Dave Reiter 19h
Struggling to stay above 10,000.
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Dave Reiter 19h
Replying to @gassin123Charts
Thanks!
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Dave Reiter 24h
Your broker is probably correct. The "comfortable" trade is to buy LE because it's so cheap. The "uncomfortable" trade is to short LE. Based on my experience, it's usually best to take the uncomfortable trade.
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Dave Reiter 24h
Replying to @drtodor @koinzangreg
Yes!
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Dave Reiter 24h
Replying to @koinzangreg
You are correct!
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Dave Reiter Aug 21
Replying to @cattleshop
Funny GIF!
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Dave Reiter Aug 21
Replying to @koinzangreg
Hope you are correct! 227.00 doesn't enter the picture until LE generates a weekly close above 130.30. We got very close in April. However, "close" doesn't count. New commodity bull market is scheduled for mid-2020.
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Dave Reiter Aug 21
Replying to @cattleshop
Hope you are correct! 227.00 doesn't enter the picture until LE generates a weekly close above 130.30. We got very close in April. However, "close" doesn't count. New commodity bull market is scheduled for mid-2020.
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Dave Reiter Aug 21
The turning points work for me. However, many traders would argue that Bradley dates and Gann dates are useless.
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Dave Reiter Aug 21
We should expect LE to penetrate the 10-year low @ 96.10. However, I will be surprised if the market trades below this level for an extended period of time. .
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Dave Reiter Aug 21
Don't be surprised if commodities generate one final nasty decline within the next 12 months. A new commodity bull market is scheduled to begin in mid-2020.
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Dave Reiter Aug 21
Replying to @sweetnectarfarm
Donald Bradley introduced Bradley turn dates in 1948. The turn dates are based on planetary alignments. I've been following the Bradley dates since 1989. I must admit, the dates have been incredibly accurate over the years. The next turn date is 12.20.2019. Thanks!
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Dave Reiter Aug 21
Did the Badley turning point on August 8 mark an important bottom in the stock market? If DJIA generates a weekly close above 26570, the answer is "Yes."
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Dave Reiter Aug 21
Based on the incredibly bullish price action in the bond market, the global economy is on the verge of a brutal recession. Of course, EVERYBODY is forecasting a recession, which means it probably won't occur.
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