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


To: Qone0 who wrote (42958)11/11/2021 8:10:25 PM
From: Sun Tzu  Respond to of 97293
 
Thanks :)
Have a great evening!



To: Qone0 who wrote (42958)11/11/2021 11:20:33 PM
From: Sun Tzu1 Recommendation

Recommended By
ajtj99

  Read Replies (1) | Respond to of 97293
 
Not that a couple of points matter between friends <g>, but so far it is not happening. We got close and bounced off. Asia usually takes it lower and then EU takes it higher. So there is still hope for both sides to duke it out. We'll know tomorrow.

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To: Qone0 who wrote (42958)11/12/2021 10:07:34 AM
From: Sun Tzu1 Recommendation

Recommended By
ajtj99

  Read Replies (2) | Respond to of 97293
 
In at 16015 (average). Hoping to hold it for the day as I have other work to do. Below are two picture: 15s open, and the 8hr one. The 8hr chart is the one that really matters. The 15s is just to show how program trading is positioning itself. If I show a loss at the end of the day, then the bull bet is off.

With the 8hr chart, you want to note the divergence with MFI at the bottom. We want to see a close above the last + sign and ideally get a 2nd confirmation. And last but not least, I want to see a little green signal going above the white. Green-white-red is the most bullish signal. Right now we have a bias to the upside but not perfect.


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