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


To: Lee Lichterman III who wrote (74568)12/9/2022 9:05:46 PM
From: Jacob Snyder3 Recommendations

Recommended By
ajtj99
Lee Lichterman III
towerdog

  Respond to of 97962
 
Probably, the cash is parked on the sidelines. Everyone is predicting a recession in 2023. Everyone is thinking stocks have not hit bottom yet. Lots of people with lots of cash, are waiting for the signal to safely buy stocks: the Fabulous Fed Pivot.



To: Lee Lichterman III who wrote (74568)12/11/2022 8:41:15 PM
From: Lee Lichterman III2 Recommendations

Recommended By
ajtj99
towerdog

  Read Replies (1) | Respond to of 97962
 
For more total confusion, I some daily buy signals firing on some of the indexes but I have weekly sell signals still firing for the second and third week in a row.
Some people are talking about the potential flags forming on the indexes but I forget now which ones but some have broken down so I expect the other ones to do the same. (From memory, I think the NDX still looked like a flag but the R2K had broken down. Again just from memory)