The 56 Point TA; Charts With an Attitude Message Board

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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Magnatizer who wrote (69173)	11/19/2022 9:07:24 AM
From: Magnatizer	1 Recommendation Recommended By Doug R Read Replies (2) of 73839

Weekly update DJI Supports held, stayed clear of the 33213 horizontal top. All systems go for a move to test overhead uptrends. The red one is significant. it is associated with the red uptrend below. When they crossed in May 2015 it set a top that lasted into Nov 16. They have since been a centerpoint to the move up from 2017 on. Pulling away from this magnetic area will be the move that sends DJI into the stratosphere as it chases uptrends that look untouchable today Positive divergence on the CCI Wide angle focused SPX Big blue holds resistance. It is a tough nut to crack right there. Positive divergence on the CCI NDQ Positive divergence on the CCI RUT Working the upper horizontal and conglomeration of trendlines, normal activity here. Would prefer to see it pull away from the grey downtrend ASAP, it has no need to retest that channel. SOX Working the top of the horizontal. Positive divergence on the CCI ME Tracking via the activity on the daily DJT Remains inside the uptrend channel. The grey trendline (and it's associated tline in the low 16k area) are significant

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