ajtj's Post-Lobotomy Market Charts and Thoughts Message Board

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

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Sun Tzu

To: Sun Tzu who wrote (72792)	10/23/2022 7:29:32 PM
From: ajtj99	1 Recommendation Read Replies (1) of 97611

Actually, looking at that WTIC chart again, there is no inverse H&S bottom. However, the rejection at the 50-day SMA last Thursday may be a clue that price is headed to $78.50, the area of the lower 21,2 daily Bollinger Band: schrts.co The real bull/bear line on WTIC is the weekly 50-SMA, currently at $93.74: schrts.co The weekly has not closed above it since July despite many attempts to do so.

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