Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Magnatizer who wrote (68818)	10/13/2022 9:45:18 PM
From: Doug R	Respond to of 79511

Capitulation...(as S&P futures just took off...) Sounds like it's time to watch the transportation average again. On downswings, volume moving average is normally dragged down. The volume MA turns back up at the start of upswings. This last upswing/downswing was different. The volume MA went down into the price rise and then up sharply at the start of Sept as price dropped from the 15ks to 12k. That volume would be the first sign of capitulation. It may not be over yet but at the bottom, the transports will lead.....again.