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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 (74682)12/14/2022 10:49:28 AM
From: Qone01 Recommendation

Recommended By
Lee Lichterman III

  Read Replies (1) | Respond to of 98054
 
Positioning for a dovish Powell.



To: Lee Lichterman III who wrote (74682)12/14/2022 11:21:11 AM
From: towerdog1 Recommendation

Recommended By
ajtj99

  Respond to of 98054
 
WTI 77.42 ^



To: Lee Lichterman III who wrote (74682)12/14/2022 11:33:17 AM
From: The Ox4 Recommendations

Recommended By
ajtj99
catou1
Lee Lichterman III
towerdog

  Respond to of 98054
 
Roughly speaking, 2 months each:

Mid-June to Mid-August rally.
Mid-August to Mid-Oct decline.
Mid-Oct to Mid-Dec rally.
Mid-Dec to ...

Do we break the pattern and continue the rally? Or are we completing the setup for another decline?

Flat seems to be the wise choice for traders. Traders trade, so you typically don't want to get whipsawed. Better to understand the direction first, then position your trades second.

Positioning long term investments should be viewed from FA and TA perspectives, as well as tax and other considerations.

To each their own....

Plan the trade, trade the plan!