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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (10309)9/2/2020 11:30:40 AM
From: berniel1 Recommendation

Recommended By
Kirk ©

  Read Replies (1) | Respond to of 26433
 
Dow finally filled the gap from covid selloff. close see if it can close filled.



To: Kirk © who wrote (10309)9/2/2020 9:12:35 PM
From: Chip McVickar1 Recommendation

Recommended By
berniel

  Read Replies (1) | Respond to of 26433
 
Yes, that is an excellent pitchfork chart...

Remember tines should be viewed as magnets they attracted and repel
They are often tested two three times or more before price is pushed decisively one way or the other...

Price can also walk along a median line for an extended time like the small fork in Oct 2019.

Watching mid September

Chip



To: Kirk © who wrote (10309)9/3/2020 8:40:39 AM
From: dospesos  Read Replies (1) | Respond to of 26433
 
It's working in conjunction with the giant seven point reverse point wave of Welles Wilder which starts with that first small top before the low from McV's red fork originates. If it continues to operate, the price should fall below the March low.