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

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To: Magnatizer who wrote (77888)7/13/2025 10:48:26 PM
From: Magnatizer  Read Replies (2) of 79364
 
Weekly

Going to thin the herd early this week along side adding back a substantial portion of the UGL position. Fear/Greed index is still smoking hot, hard to see many buyers left and substantial resistance very close on multiple indexes

DJI tradingview.com

SPX tradingview.com

NDQ Bit concerning it couldn't get to the overhead resistance the last two weeks. tradingview.com

SOX At the bottom of a key uptrend channel. This channel formed in the late 90s.

Currently knocking on the door tradingview.com

Formed Dec 96 to Feb 97. SOX rode the channel up. When it lost it, the SOX fell hard. tradingview.com

Returned again and pinged off it's top and bottom during the dot.com bubble before finally losing it in Sept 00. tradingview.com

RUT tradingview.com

DJT tradingview.com

ME tradingview.com

UGL tradingview.com
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