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.
Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ftian who wrote (52719)2/24/2022 11:24:50 AM
From: ajtj993 Recommendations

Recommended By
catou1
Lee Lichterman III
towerdog

  Read Replies (2) of 97412
 
It's hard to say right now if this move up is just a gap fill on the indexes and individual stocks, or if it was a sell the rumor of war, buy the actual war thing, like the 1990 Gulf War and the 2003 Iraq War.

I think it will be important to watch how the selling progresses once the Pres starts to speak in about an hour.

If you look at a chart like IWM, the full stochs are still in mid-range and have a long way to go to get into oversold. This is an example of something bouncing off the AM lows, but it may still not be out of the woods yet over the next couple of weeks:

schrts.co
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext