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: Sun Tzu who wrote (59009)5/5/2022 11:58:18 AM
From: Sun Tzu  Read Replies (1) of 97970
 
These chart are my daily and weekly modeling of the market risk appetite. Without exception, anytime the they have hit the bottom of the channel, they have bounced up. Actually, they bounce regardless of which side of the channel they hit, but down side is more frequent than the other.

My guess is that the market will bottom when the weekly hits 144 SMA and begins to bounce/stabilize. It is the shape that matters, rather than a specific level. So I am looking for a flattening out like at the end of 2018.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext