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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 (71500)8/3/2023 9:44:52 AM
From: Magnatizer  Read Replies (2) | Respond to of 79450
 
Daily

DJT and RUT cross activity

DJT

Loosing grip on the strong uptrend channel. Best case (for bulls) is sideways/down into mid Aug cross.



RUT

Cross has marked a short term top. Gap over the bottom of the cross horizontal is a pretty strong sign the bears have regained control for the time being. Looks like a good time to work some of that bull froth off the market and let the crims restock the shelves.