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 (71297)	7/9/2023 10:30:09 PM
From: Magnatizer	1 Recommendation Read Replies (3) of 79449

Weekly You may notice a few yellow lines removed from the charts. Some where connecting low signal to low signal bar, bypassing high signal bars. Most of the weekly index charts have deep data so they are noisy. Trying to simplify but not sure I've accomplished the goal :-) DJI Still dancing along one of the thick red uptrends. Both this one and it's associated trendline have a history of being very sticky. Formed april 13-Nov 14 They were first regained in Nov 17 and you can see they've seen action at around a 50% clip from there forward. Whenever the DJI finishes up with this set it's going to launch. NDQ A triple wiggle on the +200 area. Thought this would be one heck of a signal but it's history has zero trend to it. So, there's that. RUT SOX Put out one of my warning flare signals. Any upside would have created another wiggle but the bears held it off. it's a definite L for the bulls. Still long SOXX due to the cross but it's stop is tight.

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