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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 (73739)11/24/2023 2:14:47 PM
From: Magnatizer  Read Replies (1) | Respond to of 79460
 
DJI

docs.google.com

updated view on Quarterly cross. I am leaning more toward the bottom of the Quarterly cross channel being a swing trade long entry with expectations of at least a few tests in the coming years. Will count last Q test as one.

Key takeaway: Quarterly crosses that hit when CCI is hot tend to create strong continuation, followed by a retest within a few years, then continuation of the trend. Very logical, should have caught this earlier. If CCI is not hot the tendency is to either hold the market sideways or create a strong barrier top