The 56 Point TA; Charts With an Attitude Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Magnatizer who wrote (69264)	11/26/2022 11:18:00 AM
From: Magnatizer	Read Replies (1) of 73875

Weekly update DJI Sniffed the upper bounds of the key red uptrend channel. From last week "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" SPX moved through big blue Still working a recently formed trendline. RUT Failed to get back to the overhead horizontal but maintained itself above the key thick red uptrend. Best bul/bear battle on the boards currently. On Friday, I did take more TNA long position off the board. Down to 25% long the index ETF port. SOX Still working the top of the horizontal ME Bulls not giving any ground back in a 3 bar rest period. I'll be looking to get long ME via a leveraged ETF. MEXX the most likely vessel. DJT

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next