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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 (68986)10/24/2022 12:09:39 PM
From: Magnatizer1 Recommendation

Recommended By
Doug R

  Read Replies (2) | Respond to of 79438
 
Dailys

New moon tomorrow AM. Prefer the daily charts when following moon related activity

Last bar forming on all charts. Moon cycles overlaid

DJI

Moving up to test resistance.



SPX



NDX

Coming off support, associated tline cross hitting Oct 31



RUT



SOX



ME



DJT




To: Magnatizer who wrote (68986)10/28/2022 10:27:58 AM
From: Magnatizer  Respond to of 79438
 
Weekly update: last bar still forming




This weeks SPX bar is going to be significant














To: Magnatizer who wrote (68986)10/28/2022 5:42:32 PM
From: Magnatizer  Read Replies (1) | Respond to of 79438
 
Weekly

DJI

Blew threw significant trendline (thick blue). Triggered second buy signal from CCI cross bar high

32325 likely to get a test in the future. Right here and now, bears couldn't mount much of any defense this week. They are trapped and will need to unwind shorts and/or chase this move.



SPX

Either jumped the gun on the cross bar or this is an uptrend into it. With the close pretty much right on the prior cross bar low the action next week is going to be significant for coming months.



NDQ

Techs holding the markets back but still managed to get back into the horizontal.



RUT

right up to resistance in a hurry. Bullish activity here.



SOX

Back into the horizontal channel. Bears tried hard to hold 2386 this week, couldn't get it done. Positive divergence on the CCI 55 as well. Perhaps my favorite of the charts, still room to get long here.



DJT

Knocking on the door to the uptrend channel



ME