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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Qone0 who wrote (74543)	12/9/2022 11:59:18 AM
From: Lee Lichterman III	2 Recommendations Recommended By ajtj99 Area51 Read Replies (1) \| Respond to of 97958

Well there are a ton of potential triggers for big moves next week. CPI Tuesday, Housing, employment data, PMIs end of week and Fed on Wednesday. Should be a wild ride.

To: Qone0 who wrote (74543)	12/9/2022 12:33:18 PM
From: Sun Tzu	3 Recommendations Recommended By ajtj99 Qone0 towerdog Respond to of 97958

SPX (orange graph) vs my crystal ball (daily) Sell signals don't mean much when the trend (black line) is strong and the indicator is keeping above its midline (the blue center line). But they very timely predicted the drops on March 2020, November2021/January of 2022 and every other instance when the trend was weakening. Generally speaking once a top sell signal is made, the market is on thin ice until the indicator reaches the oversold levels. PS Because of the exponential nature of my trendlines, I had to replace the black trendline with a much wider purple line in the weekly chart b/c the drop in March 2020 made it go off chart. SPX vs Crystal ball (weekly)