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

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To: Magnatizer who wrote (74845)8/11/2024 5:20:50 PM
From: Magnatizer  Read Replies (1) of 79477
 
SOX

Failed to carry momentum forward from the CCI signal. Neutral here on the daily

tradingview.com

Weekly neutral as well Bulls followed bear wins from the cross and taking out recent uptrends with a win of their own using the bottom of the CCI horizontal channel as support. They did not let the bears push it to the key blue uptrend for a test.

tradingview.com

Monthly: final bar in flight

Thusly the bulls have defended the bottom of the horizontal channel well.

tradingview.com

Quarter chart: midway through the Q we have a bearish engulfing bar forming and CCI is setting a new signal bar. White dashed uptrend is speculative

tradingview.com
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