The Art of Investing Message Board

STOCKTALK

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.

Strategies & Market Trends : The Art of Investing

PICK 56.21

-1.5%

Jan 16 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sun Tzu who wrote (3387)	1/26/2022 10:48:34 AM
From: Sun Tzu	Read Replies (1) of 10749

Here's another one of my proprietary indicators. This chart is for SPX. Here's how to read it (and why I bet on market rising 3 days ago): The peaks show market bottoms and the troughs are market tops (the inverse of the stock market). I've superimposed the SPX chart in the main area so you can see this better. You judge the peaks and bottoms based on how high they are and what the stochastics is doing. The middle indicator is for confirmation - not that you need it most of the times. Unless Powell spooks the market (even chances at best) we should end the week higher than we started it. All those millions of puts that were bought over the last 3 days should be answered for, so if we go higher after Powell speaks, we are likely to see spikes in the indexes. I am going to be scarce for a while and my posts will be limited, but I will keep an eye on things. Feel free to contribute with your knowledge and insights. ST

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next