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Strategies & Market Trends : Charts for Breakout II

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To: Julius Wong who wrote (7948)5/20/2021 8:39:51 AM
From: da_spot   of 8531
 
Good morning Julius,

Let's see what happens after May 26th full moon; Cheify's methodology has that as a frequent mkt bottoming signal.

Watching this chart: schrts.co and also finally seeing some June call buying come into the beaten-down FANG names. Thinking an IBD follow through day coming along soon would be nice as well!

OTOH, noting SPX support areas down are 4040, 4029...hoping we don't go there:)

Have a great day, Julius! Love seeing your charts (clear and simple). Back to taking care of breakfast and online classes for my kids stuck at home with chicken pox!

S
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