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 : News Links and Chart Links
SPXL 222.70+1.6%Nov 28 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sam who wrote (27707)3/1/2023 3:59:31 PM
From: Les H1 Recommendation

Recommended By
Sam

   of 29600
 
Consecutive long upper and lower-wick candlesticks charted in recent days highlights the tenuous state of the benchmark heading into the new month, a period that investors will be seeking clarity as to the Fed’s next actions. A confluence of support presented by major moving remains in a position to backstop the market in the near-term between 3900 and 4000, a break of which would entertain a much more bearish view of the market, away from the Neutral bias that we continue to maintain. Momentum sell signals remain intact following the bearish MACD crossover charted two and a half weeks ago and the short-term trend is negative, as depicted by the declining 20-day moving average.

equityclock.com

Dow has also slowed down its decline as its now near the bottom of 4-month box (rectangle pattern).
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News