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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (15372)2/15/2023 1:28:07 PM
From: POKERSAM3 Recommendations

Recommended By
Kirk ©
Mongo2116
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  Respond to of 26408
 
Thanks Kirk. I was feeling pretty lonely.



To: Kirk © who wrote (15372)2/15/2023 2:17:23 PM
From: #Breeze5 Recommendations

Recommended By
bull_dozer
Kirk ©
northam
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SGJ

  Read Replies (2) | Respond to of 26408
 
Kirk, here's a weekly SPX chart. Note the following:

- Breakout from a 1 year descending channel
- Breakout from a symmetrical triangle
- Breakout from a cup&handle within that triangle
- RSI rising and over 50
- TSI rising
- Bounced off 200 bar MA
- On a daily chart a golden cross of 50 DMA over 200 DMA

Bottom line more upside.

tradingview.com

And finally here's a P&F for SPX. Projects 4680.



Wilson did make a good call. And once a five wave is complete then a 61.8% retracement. And that will get folks attention.

And yes I practice EW but technicals must always be respected. Some e-wavers forget that principle.