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 (71379)	7/21/2023 6:50:28 PM
From: Magnatizer	Read Replies (2) of 79444

Weekly DJI would seem to want at least a sniff of the overhead uptrend before returning to retest the top of the Q cross horizontal. Conflicts a bit with the daily in that the daily looks like it's ready for reset SPX two weeks in a row sniffing that +200 zone and failing to deliver. Sitting on a key uptrend from 1986. NDQ Now a 4x wiggle in place. Plenty of overheads and supports. Going to steer clear of this one while the dust settles RUT Back to the most recent cross horizontal channel. Bears will try to defend this area with vigor SOX Similar to the NDQ without the quad wiggle. Was close... DJT Went hot but couldn't close outside the uptrend channel. One to watch for sure. ME

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