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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Magnatizer who wrote (68011)	8/30/2022 8:39:07 PM
From: Magnatizer	Read Replies (1) \| Respond to of 79449

Daily DJI Bears won in the 34s. DJI did not need to retest the downtrend. I'm still a bull but this pullback needs to end soon NDQ In the backing up the truck accumulation area. I'm playing it with SOXL instead of the Qs. Semi's are chock full of crap news these days, the boys are accumulating. Definitely would have preferred the bulls push it to the red horizontal before the pullback. That's a red flag. RUT: I am accumulating during this retest. It is another that didn't need to happen but if they want to shake the tree, I'll play along. Needs to recover the overhead horizontal quickly. SOX Cross knocked it off balance. Lost the uptrend and went into gift territory with a retest of the horizontal. I'm building the long here. Red flags are dual sell signals with the down off the cross and tipped out with a retest of the channel loss level. Can't say my grip on this long position is strong.