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


To: rimshot who wrote (43490)11/17/2021 12:37:53 PM
From: ajtj99  Respond to of 97434
 
The pattern on the NYUD looks like it is ready to bottom and reverse up to maybe 29.5k, and then reverse back down for tax loss selling in Dec to the 200-EMA again, then up into early January from there.



To: rimshot who wrote (43490)11/17/2021 1:12:14 PM
From: rimshot2 Recommendations

Recommended By
ajtj99
rcksinc

  Read Replies (1) | Respond to of 97434
 
this is how badly the $NYA is under performing the $SPX, which is greatly influenced
by the Mega Caps

stockcharts.com

the question is how much longer will the Mega Caps be able to carry the workload?

weekly closes plot for several stock symbols -

stockcharts.com