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 (76390)	2/21/2025 5:59:59 PM
From: Magnatizer	1 Recommendation Read Replies (2) of 79519

Weekly DJI new key horizontal area discovered. Notes on chart tradingview.com SPX After the effort the bulls put in the week prior, this week was a big ole warning shot. No real attempt to even sniff the top of the grey uptrend channel then lost it at the end of the week. tradingview.com NDQ did put in a higher high, higher low and stayed in the recent uptrend channel, just did so with a ugly bar... tradingview.com SOX The cross zone is full of bears. Another successful defense. CCI also failed to break back north of the downtrend. this one is tough as the bears should have taken it down after the cross horizontal was retested from below but the bulls held on for a series of higher lows. A tough one to make money in for a trader right now. Whichever way it breaks should carry momentum for a good sized move. tradingview.com RUT at the bottom of the most recent cross horizontal. Will be looking for a long entry tradingview.com DJT tradingview.com ME tradingview.com UGL tradingview.com

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