The 56 Point TA; Charts With an Attitude Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Cornstock who wrote (75059)	8/28/2024 11:09:30 AM
From: Doug R	Read Replies (1) of 79460

I agree with EEEK!! Monthly shows a "bull" flag widening a bit bearishly and it's a very crowded trade. The downward macroeconomic trend (US and global) won't be improving any time soon. NVDA forward outlook in the report is key. Price could go 20% either way over the next week. Beyond that, I opine that there's slightly more bias to the downside. On the S&P, "eek" is often met with a rescue effort. But when that effort fails to materialize, a Yikes occurs. I do not envy your position. I have no good advice either way. I'm sitting out trading for the day.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next