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


To: robert b furman who wrote (13425)3/31/2022 11:27:31 AM
From: Kirk ©  Respond to of 26800
 
Have you looked at the 10?

As for the moon cycles, they work until they invert so they are as useful as coin tosses most times. They also align well with the 10 which is 2 trading weeks of half a 28 day moon cycle. It sometimes gives a clue for an inversion and my indicators for the next two weeks are more caution, take a few profits if you get them for a fatter pitch potentially in 10 days. I'll have to check my sentiment charts to see how far they've bounced as they are showing quite a bit of fear, but I believe they too are well above fat pitch levels.

Also, other than this 4575 gap offering a ton of resistance to filling, there is certainly plenty of room for a healthy retrace of some of this huge move.