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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: da_cheif™ who wrote (171766)4/19/2022 1:03:37 AM
From: Drygulch Dan  Read Replies (1) | Respond to of 222099
 
It seemed that way at the time I wrote that. But your post got me to relook at the chart. So I could also see that it could rise from this area in a change of overall direction creating an inverse head and shoulders pattern stretching back over the last 3 to 4 months. so maybe a change of direction is in the cards. My positions are pretty locked down for now just waiting this period out.

I have a pet theory that Tax time is generally tough on the market as people are shedding cash this time of year...I know I certainly did, what with selling a small farm last year. Without good planning and discipline sometimes it hard to raise the funds for that demand that the Fed and State require this time of the year.