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   Strategies & Market TrendsThe 56 Point TA; Charts With an Attitude


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To: Magnatizer who wrote (65315)9/8/2021 10:05:29 AM
From: Doug R
   of 79449
 
Not likely to see 2233 here.
And if so in the days ahead, it'll bounce.
That likely corresponds to that next line down on SOXL.
SO...if SOXL holds its thusly, the rest of the week should show some upside....
....or something.

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To: Magnatizer who wrote (64549)9/8/2021 10:48:28 AM
From: Doug R
   of 79449
 
File QUMU under - "Finding a MIM bottom"

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To: Magnatizer who wrote (65315)9/8/2021 10:51:54 AM
From: Doug R
   of 79449
 
Yeesh - an event.



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To: Magnatizer who wrote (65231)9/8/2021 10:53:51 AM
From: Magnatizer
   of 79449
 
BB: sniffing support

tradingview.com

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To: Doug R who wrote (65316)9/8/2021 10:56:52 AM
From: Doug R
   of 79449
 
It is unclear what the catalyst for the drop was - it occurred with significant delay from any debt ceiling talk or Manchin's statements - though some are noting the surge in JOLTS could have triggered some weakness as it may bring The Fed closer to tapering.

[...]

"In other words, things could get “chippy” but we don’t see things positioned for a large drawdown (>1%)."


Stocks Are Suddenly Puking...

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To: Doug R who wrote (65320)9/8/2021 11:13:55 AM
From: Woody
   of 79449
 
Maybe it's just a positioning thing .. "White House Press Secretary Jen Psaki told reporters today that President Joe Biden will announce this Thursday a new six-pronged strategy to fight the Covid Delta variant and increase the number of American who are vaccinated against the re-surging disease."

forbes.com

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To: Woody who wrote (65321)9/8/2021 11:17:13 AM
From: Doug R
   of 79449
 
That could very well be it.
I wonder what time that was.
She told reporters on Air Force 1.

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To: Woody who wrote (65321)9/8/2021 11:27:27 AM
From: Doug R
   of 79449
 
So...just replace the word "pandemic" with "populace" and...voila! Fixed.
"...the strategy “across the public and private sectors to help continue to get the pandemic under control."

from your article -
forbes.com

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To: RWS who wrote (65310)9/8/2021 11:51:09 AM
From: Doug R
   of 79449
 
ZIOP in the crosshairs tomorrow. One would think.

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To: Doug R who wrote (65323)9/8/2021 12:09:02 PM
From: Woody
2 Recommendations   of 79449
 
OT, Just an opinion here but maybe they felt they had control and feel it's slipping away. It's refreshing to see our elected to act like they give a hoot about "us" while continuing their depopulation event. Anyone that can't see this must get all their news and opinions from main stream media. All it takes is a little time to follow the money along with the time lines and it becomes sicking clear what is going on.

Good luck to us all ...

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