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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Cornstock who wrote (154)4/30/2020 9:49:27 AM
From: ajtj991 Recommendation

Recommended By
Cornstock

  Respond to of 98511
 
SBH made a double top yesterday with a Black Oxy candlestick, which is either a topping candle, or a trend acceleration candle. With today's pullback, it seems a topping candle.

The chart suggests a 3-day pullback is in progress, and it may be 8-sessions until it can exceed yesterday's highs according to chart symmetry.

Take the $10.05 mid-April high, run a vertical line through it, and work out right and left to see the "mirror" pattern that is defining price.

schrts.co



To: Cornstock who wrote (154)4/30/2020 9:54:11 AM
From: kimberley  Read Replies (1) | Respond to of 98511
 
Yes, it got brought down this morning - I'm not buying anything long at these levels, as I'm expecting some weakness in the market ahead. Interestingly enough, I just got a buy signal on soxs, but spxs hasn't given one, yet....