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Non-Tech : Kirk's Market Thoughts
COHR 131.91-0.6%Oct 31 3:59 PM EST

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To: Kirk © who wrote (10487)10/21/2020 10:47:49 PM
From: Chip McVickar  Read Replies (2) of 26388
 
Doing well thank you and hope the same for you...

Fwiw... the snp 500 cash has been in band since early Sept - the mid point is about 3400.00
if you do a 6 mth daily on the cash
There are two prominent pitchforks - one up one down
Upper and lower tines cross about 3375 around Nov 1st
Also, for both these pitchforks have a 'time resolution' around the 1st of Nov as well...

Most pun-dants seem to have their followers positioned long

Don't know if you follow gartley's, but there's a bearish one coming up.

tradingview.com

Chip
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