LG,thanks for the charts.On NYA,INDU and COMPX nothing was broken so far,but it's getting hot...
I would look on the last days play,but on monthly charts:
NYA,ascending
siliconinvestor.com
Bullish,however any drop from the recent close can be danger.That 3 last candles are important,suggesting a big move in either direction.
INDU,symmetrical
siliconinvestor.com
Also,that 3 last candles are pointing a big move.
COMPX
siliconinvestor.com
In play,2 last candles.A bullish engulfing???
It would be too bullish...I think, that the last week congestion must be solved fast in either direction.
The top can be at 4000 and 4185(the gap down on Apr 10)
The bottom, at 3600 and 2920.
Question...bonds,I am not sure,where I am supposed to place them in my system....DXY will go in the same direction as the market,or the opposite???
I think,the bonds may go back with the market again,de-couple.What do you think ???
BTW,all tops and bottoms are for a short and mid-term.
el |
