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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 (68724)10/11/2022 10:31:49 AM
From: Magnatizer  Read Replies (2) | Respond to of 79449
 
DJI

Added some UDOW this AM. The bears couldn't take out last weeks low yesterday, appears bulls have the ball here. This is a pre-emptive strike on an actual buy signal (close above last weeks high). 1/4 size position which is similar to the SOXL entry




To: Magnatizer who wrote (68724)10/13/2022 11:02:52 AM
From: Magnatizer  Respond to of 79449
 
Weekly update

Charts were from around 10 this morning. I forgot to submit completely, you'd think after a few months on SI I'd understand the procedure. ;-)

Last bar still forming. Quick look at the charts














To: Magnatizer who wrote (68724)10/16/2022 9:02:48 AM
From: Magnatizer  Read Replies (2) | Respond to of 79449
 
Weekly

DJI

Neutral, testing signal bar high and low. Close essentially in the middle.



SPX

Still in a downtrend with associated cross in 2 weeks. Setting up well for a reversal

Overhead horizontal channel pretty stiff on first sniff.



NDQ



RUT



SOX

Wish it had at least sniffed the supports last week as it did on the daily. Negative to lose the overhead horizontal channel, needs to regain quickly.



ME