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 (73513)	11/2/2023 4:39:21 PM
From: Magnatizer	Read Replies (1) of 79479

Daily tradingview.com DJI support/resistance values across multiple time frames: docs.google.com tradingview.com tradingview.com tradingview.com Very significant gap today clearing the downtrend channel. tradingview.com tradingview.com What I don't like about this is essentially every index is acting in unison. CCI 55 -200 signal bars, strong move north for the balance of the week. DJI being the outlier with the CCI signals coming a few weeks back and now triggered by the cross bar (monday). Still a very similar pattern. Index ETF port will stay in the 45-50% long side with tight stops. I fully expect to see a retest of the recently developed horizontal channels in the next month. When those levels hold I'll be more inclined to get 100% long.

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