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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Magnatizer who wrote (73996)3/31/2024 11:23:56 AM
From: Magnatizer  Read Replies (2) of 79459
 
Quarterly

DJI: Message 34620731

SPX: Regained the most aggressive uptrend and closed above the most recent horizontal. CCI is a concern as it could trigger negative divergence if it turns down before reaching the 234 level.

I like it to set CCI hot, test the overhead uptrend then give a new signal bar in the next 5-8 bars. Overall this exam shows the bull is still healthy.

tradingview.com

NDQ: It's literally one bar ahead of the SPX with a confirmation of the horizontal breakout and a stretch to reach out for the overhead uptrend. CCI sub 200 is the only concern here, it needs to get hot.

tradingview.com

SOX: exploring blue sky with CCI hot. What an index. What you see on this chart includes every CCI 55 signal the system has produced, it's a short history lived mostly in the hot zone

tradingview.com

DJT: still in the horizontal, did sniff overhead uptrend. Starting to take a bullish shape here. needs to break through 16381, til then it's neutral. If it does manage to breakout of the horizontal the target is the highest uptrend, currently in the 20k area.

tradingview.com

RUT: regained the horizontal. Neutral here. I suspect 2179 level will get a bit of a workout this Q

tradingview.com
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