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 (71662)	11/22/2023 9:03:33 AM
From: Magnatizer	1 Recommendation of 79460

Quarterly charts Last bar in flight DJI working on the recent horizontals (both signal and cross bar). Bulls are winning the battle and DJI remains inside the uptrend channel tradingview.com SPX sideways in the horizontal is neutral. Bulls need it to regain the uptrend channel or it will start testing what's below tradingview.com NDQ tradingview.com RUT Using uptrend support but remains the rented mule of the group. The cross channel (grey dotted) has strong magnetic properties tradingview.com SOX the most powerful index I track, maintaining the steep uptrends is just amazing tradingview.com DJT still in the middle of the horizontal from last signal which is neutral. Bears won the last retest of the overhead uptrend. Bulls are winning the retest of the key uptrend channel (formed Q3 06 to Q1 07). This last retest of that uptrend should spark a move back into the overhead uptrends. tradingview.com

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