The 56 Point TA; Charts With an Attitude Message Board

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

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Doug R

To: Magnatizer who wrote (70404)	3/19/2023 10:09:18 AM
From: Magnatizer	1 Recommendation Read Replies (2) of 79450

Weekly New Moon 3/21 DJI Lower low, lower high but the simple trendline held well. Overhead resistance from the August 22 cross bar high. SPX similar to DJI NDQ Engulfing bar. The thick red overhead uptrend has been pivotal since formation (Aug 20-May 22). Should be an interesting battle ground when tested again. RUT Disregard the dash as the last bar, something happened with the database here. Fallen back into a downtrend and couldn't hold the line when it fought out of it this week. Along with the quarterly look, it's just about fugly enough to be buying this bad boy. A stop sweep by the boys would certainly have my attention to buy. SOX DJT ME bears need to capitalize here. Failure is going to be a launch for the bulls

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