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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
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To: Lee Lichterman III who wrote (63116)6/18/2022 3:40:42 AM
From: Lee Lichterman III3 Recommendations

Recommended By
ajtj99
skier31
Sun Tzu

  Read Replies (3) of 97595
 
I just did a quick run through of charts. I have a daily buy signal on the SPX and OEX but no other indexes and no weekly signals. However one of my bottom/top spotters is also in the zone for a short/midterm low to arrive.
I don't have many other signals so it isn't a clear call but does hint at using caution playing the short side. I probably wouldn't load up on longs since they are kind of isolated signals either.
That said, this doesn't sound good or is bad news=good news since it would give false hope that the Fed will blink? They said they would need a lot of signs inflation was dead before they would change course but we know how the talking heads cheerleaders like to always spread false hope....
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