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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude
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Woody
To: Magnatizer who wrote (70838)5/6/2023 1:23:57 PM
From: Magnatizer1 Recommendation  Read Replies (1) of 79449
 
Weekly

Supports held, resistance held.

Certainly not a screaming value buy zone as it was in Sept/Oct 22 but I do like the long side here. Sentiment still a bit high for a 100% long stance. I will look to maintain 70ish% long with somewhat tight stops (5% loss). I am overweight one index (NDX) with a 150% size TQQQ position.













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