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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 (74616)	7/13/2024 9:16:28 AM
From: Magnatizer	Read Replies (1) \| Respond to of 79469

Weekly DJI CCI worked through the downtrend, now turned up. Overhead uptrend should be a battleline for the bears. tradingview.com SPX tradingview.com NDQ Indecision after breaking away from the uptrend resistance, looks like a retest soon tradingview.com SOX up into this weeks trendline cross bar. tradingview.com RUT this uptrend has to give up at some point but damned if it's not highly relevant. Follow through off last weeks soldier would be impressive for sure tradingview.com Additional context: It's associated trendline was the resistance the RUT couldn't break in 2021. Following is a view of the activity right after it formed in 2006 (anchors Jan 3, 2005 bar to Jan 30, 2006 highs) The RUT rode it up into July 2007, fell back to the cross horizontal zone (created from the same signal bars) bounced to the level where the RUT finally lost the uptrend. Fell and used the signal bar horizontal and the cross horizontal as a channel in 2008 before the nose dive in 2009. tradingview.com The horizontal from the Jan 05 signal bar marked the low in Oct 2011 which propelled the next bull leg tradingview.com DJT tradingview.com UGL tradingview.com