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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
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To: Sun Tzu who wrote (76637)2/10/2023 1:49:48 PM
From: The Ox  Read Replies (2) of 98058
 
I think T1 ( T1 is 2725ish ) is very possible, if the US equity markets stay weak. That's also near the 61.8% retrace from the December lows. Were it to turn back up in that area, and stay above the lows from mid-January, this would also keep in tact the series of higher lows that started in October.

It would not surprise me to see the SOX stays stronger and for this current back fill move to be less severe than many are predicting.

We should have some pretty interesting fireworks next Tuesday....
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