ajtj's Post-Lobotomy Market Charts and Thoughts Message Board

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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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skier31

The Ox

towerdog

To: Sun Tzu who wrote (81123)	9/6/2023 11:50:52 AM
From: Sun Tzu	3 Recommendations Read Replies (1) of 98154

Today's stars: . WEAT is near the stoploss point. The theory behind it is that Russia will blowup the Ukrainian wheat and push the prices higher. But the we had a lot of rain, so maybe the excess crop makes up for Russian actions. Here's the NVDA daily and 4hr charts. Yes, there are divergences, but more to the point, sell on weakness at the red lines. Somewhere around 425 should be within reach, then closing the gap, and after that 270ish. The lower levels require the market falling out of love with AI or a viable competition form other chips. Neither of which should happen over the next 3 - 5 months. But in 6 - 12 months it might happen. Daily 4hr chart

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