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 (74308)	5/3/2024 11:00:24 PM
From: Magnatizer	1 Recommendation Recommended By Doug R Read Replies (1) of 79460

Weekly DJI: below recent uptrend channel, riding the recent horizontal. The bottom of the horizontal was well defended by the bulls but the index needs to regain the uptrend channel (grey overhead) soon tradingview.com SPX: Bulls came out in force at the key green uptrend. Looking like typical retest work here but I'm not a fan of how easily it lost the cross horizontal. 5203 is very important. tradingview.com NDQ: Bears can hang their hat on negative divergence in the CCI but that's really all they own. They couldnt' even get a retest on the cross horizontal. Bulls easily defending the uptrends tradingview.com RUT: more good defense by the bulls. Easily held the uptrend supports. tradingview.com SOX: interesting pattern those last 3 bars present. Hmmm tradingview.com DJT: needs to regain the overhead uptrend tradingview.com ME tradingview.com UGL tradingview.com

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