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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Magnatizer who wrote (68437)9/19/2022 9:47:42 AM
From: Magnatizer  Read Replies (1) of 79432
 
Weekly update

Disregard the most current bar, it's this weeks activity

Cross bar sells this week on several indexes. Any supports that held the week prior were broken.

DJI: next cross first week of OCT. Appears to be down into it.



SPX

Next cross is late Oct.



NDQ

still on sell signal from last cross, testing support.



RUT

Similar to NDQ but no supports in the immediate area. The grey downtrend is in control



SOX

the last bar on this chart is from last week as my data is delayed on this one.

Testing the downtrend breakout level here. Wouldn't be surprised if the SOX gives the bottom of the horizontal some work.



ME

Also delayed data, final bar on chart is last week activity

Sideways into cross bar week. Skinny horizontal channel getting some work.

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