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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 (43659)11/18/2021 9:55:57 AM
From: Sun Tzu  Read Replies (1) | Respond to of 97456
 
I don't know what you are after, but a number of my indicators say SPX is toppy. The only really strong component has been the tech. When that gives in too, there will likely be a 5% drop.



To: rimshot who wrote (43659)11/18/2021 10:01:06 AM
From: rimshot1 Recommendation

Recommended By
ajtj99

  Read Replies (1) | Respond to of 97456
 
$NDX daily showing the net # of Advancers minus Decliners McClellan indicators are
pausing their advance or declining in the very most recent days,

* representing a pink flag Alert until this condition improves -

stockcharts.com



To: rimshot who wrote (43659)11/18/2021 10:11:31 AM
From: ajtj991 Recommendation

Recommended By
rimshot

  Respond to of 97456
 
I really don't know the answer. It wouldn't be an opex problem, as that's more about where the candlesticks end at the close.

Did you realize that daily chart has a bullish pennant that targets 4800 SPX?



To: rimshot who wrote (43659)11/18/2021 10:13:49 AM
From: rimshot1 Recommendation

Recommended By
ajtj99

  Read Replies (1) | Respond to of 97456
 
/ES 4689.38 = 5-day Volume Point of Control, snapshot just after today's open shown below using
a 3-minute chart

time stamps are Central time, left click with your mouse on chart to enlarge