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


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To: Doug R who wrote (74460)5/23/2024 2:46:25 PM
From: Doug R
   of 77455
 
The 13,8,8 is in a 'do or die' position.

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To: Doug R who wrote (74461)5/23/2024 2:47:45 PM
From: Doug R
   of 77455
 
Eek

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To: Doug R who wrote (74462)5/23/2024 2:53:17 PM
From: Doug R
   of 77455
 
Ruh Roh

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To: Doug R who wrote (74463)5/23/2024 2:59:47 PM
From: Doug R
   of 77455
 
Meanwhile, the 13,8,8 has started taking to oversold noodles.

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To: Doug R who wrote (74464)5/23/2024 3:05:41 PM
From: Doug R
   of 77455
 
The blue line is a hypothetical lab reference. No import as of yet.

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To: Doug R who wrote (74465)5/23/2024 3:07:50 PM
From: Doug R
   of 77455
 
Ok...a bit more import. Now I have to go back and look up my notes on it.

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To: Doug R who wrote (74466)5/23/2024 3:22:12 PM
From: Doug R
   of 77455
 
Basically, it's a marker for support/resistance from whence a channel breakout or breakdown has occurred repeatedly in the relatively recent past.

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To: Doug R who wrote (74467)5/23/2024 3:38:10 PM
From: Doug R
   of 77455
 
5275 will take a lot of work

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To: Doug R who wrote (74468)5/23/2024 3:42:58 PM
From: Doug R
   of 77455
 
Current dynamics are keyed to that bearish engulfing synchro range between the red and green dashed horizontals.

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To: Doug R who wrote (74469)5/23/2024 3:53:16 PM
From: Doug R
   of 77455
 
Attempting closing chutzpah...(a technical term).
[this chart may be a bit much for most brains but the algorithms grok it]

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