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


To: Lee Lichterman III who wrote (59609)5/11/2022 2:20:41 PM
From: towerdog1 Recommendation

Recommended By
Lee Lichterman III

  Read Replies (1) | Respond to of 97561
 
I don't eat dead cat



To: Lee Lichterman III who wrote (59609)5/11/2022 9:59:22 PM
From: Lee Lichterman III1 Recommendation

Recommended By
ajtj99

  Read Replies (1) | Respond to of 97561
 
Les' EMA scan for overall market lowest numbers since March 2020. I am in no way implying a long term bottom but we are definitely as I was saying in the bounce zone. One thing that is worth noting and focusing on...
Note when the number was this low in March 2020, it bounced but made a lower low after bouncing from single digits to around 20. Could we get another short term bounce that fails and turns lower AGAIN?