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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To: Magnatizer who wrote (70841)	5/19/2023 4:58:47 PM
From: Magnatizer	Read Replies (2) of 79449

Weekly Took some of the long $s off the table this week. New moon today. Ready to inject it back to work early next week if the market signals buys off the moon as supports have held up on tests. DJT has a cross next week. SPX very interesting here as it managed to not only move through the key overhead (red thick uptrend) it maintained and closed solidly above it. Monthly is knocking on the top of a horizontal channel as well. NDQ Continued the dominate bull trend. Daily chart did sniff an upside target today which took me out of the overweight positioning. daily RUT remains stuck in the sideways pattern. Spring is winding and it is moving away from the downtrend. SOX DJT

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