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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 (74944)	8/30/2024 9:15:53 AM
From: Magnatizer	Read Replies (2) \| Respond to of 79477

SOX Daily: No confirmation of H&S but the start of the right shoulder is there tradingview.com Weekly: Bulls couldn't keep it above the key uptrend nor have they found the juice to get it above the recent cross horizontal. Downtrend with the neg divergence in the CCI is solidly in place, would take an amazing Friday to break it. tradingview.com Monthly: Final day in this bar, close above 5070.5 would be a win for the bulls. Regardless, the reaction off the bottom of the horizontal channel has been impressive. Overall, neutral here. I am into a starter position with AMD due to it's cross. I do like the idea of a test of the not yet formed H&S neckline. Would be an ideal location for the crims to collect inventory.