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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 (69264)	11/22/2022 6:31:20 PM
From: Magnatizer	Read Replies (1) \| Respond to of 79460

Weekly Mid week update, final bar still forming though Friday is a bit of a throw away. Back in the dot com boom those Thanksgiving Fridays could make the entire year as all that were left were joe 6 packs buying everything with a .com in the name. What fun. SPX: not saying much, it's there already. Can it reach the red line... hmmmm I am really heavy SOX here, went to 11 on the SOXL position. Likely to lighten it up a bit but man this one is hard to sell. Definitely want to see a higher high than last week on this bar.

To: Magnatizer who wrote (69264)	11/26/2022 11:18:00 AM
From: Magnatizer	Read Replies (1) \| Respond to of 79460

Weekly update DJI Sniffed the upper bounds of the key red uptrend channel. From last week "The red one is significant. it is associated with the red uptrend below. When they crossed in May 2015 it set a top that lasted into Nov 16. They have since been a centerpoint to the move up from 2017 on. Pulling away from this magnetic area will be the move that sends DJI into the stratosphere as it chases uptrends that look untouchable today" SPX moved through big blue Still working a recently formed trendline. RUT Failed to get back to the overhead horizontal but maintained itself above the key thick red uptrend. Best bul/bear battle on the boards currently. On Friday, I did take more TNA long position off the board. Down to 25% long the index ETF port. SOX Still working the top of the horizontal ME Bulls not giving any ground back in a 3 bar rest period. I'll be looking to get long ME via a leveraged ETF. MEXX the most likely vessel. DJT