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.
Pastimes : Trading the markets.....
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GROUND ZERO™ who wrote (859)11/17/2000 3:19:34 PM
From: Chip McVickar  Read Replies (1) of 4583
 
GZ,

The weekly doji on the Nasdaq has moved on to a just plan candlestick.
But the daily could form one at the close.

Weekly Dow and SPX charts show one forming here at 3:00est

I think the weekly charts are very important at this time.
The SPX weekly entered a down trend 4 weeks ago and that is the first since April 1994.

DJIA entered a down trend in Feb and almost made it out in August. Ahgain 94 was the last down trend lasting most of the year.

Compx Weekly entered a down trend 10 weeks ago and is buried. Similar to 94.

The Good News..., all but the DOW is indicating an oversold condition.

I still believe, this week or at the end of this political theater (I wish they'd turn it into a Musical), the markets will rally into early January and then we will enter a period similar to 1994. Range bound and but volatile

1994 - A Doji Year
open---465
close--459
high---482
Low----435
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News