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Strategies & Market Trends : The Art of Investing -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (3387)1/21/2022 12:24:15 PM
From: robert b furman1 Recommendation

Recommended By
Sun Tzu

  Respond to of 10722
 
Hi Sun,

Love those first two.

Thanks for showing.

Bob



To: Sun Tzu who wrote (3387)1/26/2022 10:48:34 AM
From: Sun Tzu  Read Replies (1) | Respond to of 10722
 
Here's another one of my proprietary indicators. This chart is for SPX. Here's how to read it (and why I bet on market rising 3 days ago):

The peaks show market bottoms and the troughs are market tops (the inverse of the stock market). I've superimposed the SPX chart in the main area so you can see this better. You judge the peaks and bottoms based on how high they are and what the stochastics is doing. The middle indicator is for confirmation - not that you need it most of the times.

Unless Powell spooks the market (even chances at best) we should end the week higher than we started it. All those millions of puts that were bought over the last 3 days should be answered for, so if we go higher after Powell speaks, we are likely to see spikes in the indexes.

I am going to be scarce for a while and my posts will be limited, but I will keep an eye on things. Feel free to contribute with your knowledge and insights.

ST