SI
SI
discoversearch

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 TrendsThe 56 Point TA; Charts With an Attitude


Previous 10 Next 10 
To: Doug R who wrote (67822)11/24/2022 5:19:17 PM
From: RWS
   of 74487
 
GALT is looking up.

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: RWS who wrote (69319)11/24/2022 9:40:54 PM
From: Doug R
   of 74487
 
Happy Thanksgiving.
We shall see.

TH and OESX and CRK look good too.
WRAP may have more to go.

Share RecommendKeepReplyMark as Last ReadRead Replies (2)


To: Doug R who wrote (68002)11/25/2022 9:59:41 AM
From: Doug R
   of 74487
 
There goes OMER.

Share RecommendKeepReplyMark as Last Read


To: Doug R who wrote (69320)11/25/2022 12:46:26 PM
From: Doug R
   of 74487
 
OESX radar ping.
OMER was a misnOMER.

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Doug R who wrote (69314)11/25/2022 12:53:36 PM
From: Doug R
   of 74487
 
There seems to be some suspicion about that next downtrend line.

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


From: Woody11/25/2022 4:02:01 PM
   of 74487
 
No scan hits for Friday's close.

8 day scan, none.

Share RecommendKeepReplyMark as Last Read


To: Magnatizer who wrote (69264)11/26/2022 11:18:00 AM
From: Magnatizer
   of 74487
 
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


Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Magnatizer who wrote (69263)11/26/2022 11:36:00 AM
From: Magnatizer
   of 74487
 
Daily

DJI

Sniffed 34400, I took all my UDOW off the board.

Expecting the new moon, August highs and this bunch of trendlines/horizontal area to give the bears a much needed win. Expect the dip to be minimal with boys reloading in the 33ks, then move to take out this overhead.

Gaps over the overhead green horizontals would force me to chase



SPX

Yawn



NDQ

Still yawning



RUT

similar to the weekly, the RUT is in trench warfare here. Both bulls and bears defending key areas. Bears have the best win with the defense of the overhead horizontal channel but the bulls bounced right back defending a return to the downtrend channel. Nice coil



SOX

Bulls won the horizontal retest then failed to put the bears away in a light trading week. SOXL still my largest position in the ETF portfolio but Friday was a dud, bulls need to regain momentum quick or we'll be filling up gaps soon



ME

The daily here slows my roll on the weekly read. Not nearly as impressive as it's lost the uptrends and failed to breakout of the cross bar horizontal channel. With another cross hitting Dec 5 I think I'll hang tight



DJT


Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Magnatizer who wrote (69238)11/26/2022 11:52:23 AM
From: Magnatizer
   of 74487
 
Monthly

Last bar still forming












Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Doug R who wrote (69323)11/27/2022 8:30:05 PM
From: Doug R
   of 74487
 
I wonder if 4005 will hold overnight.



Share RecommendKeepReplyMark as Last ReadRead Replies (1)
Previous 10 Next 10