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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 (75256)9/18/2024 10:17:08 PM
From: Magnatizer  Respond to of 79477
 
Weekly

Mid week update, final bar in flight

markets could not leave the orbit of their weekly overheads today. Ended up flat in the trader port other than a few options which were all in or zero plays

Bears have to feel good about the afternoon action

tradingview.com

tradingview.com

tradingview.com

tradingview.com

tradingview.com

tradingview.com

tradingview.com



To: Magnatizer who wrote (75256)9/20/2024 2:02:15 PM
From: Magnatizer  Read Replies (1) | Respond to of 79477
 
DJT

Daily perspective

Retesting recent cross horizontal low. This area (green rectangle) and the overhead uptrend are the most significant on the CCI chart. Entering 1/2 sized lot long TPOR.

I do not expect explosive moves but the base it's built should provide one hell of a downside protector if this area holds as the low.

tradingview.com

Weekly has an upper 17k target using the uptrend channel (grey)

tradingview.com



To: Magnatizer who wrote (75256)9/20/2024 5:01:30 PM
From: Magnatizer  Read Replies (1) | Respond to of 79477
 
Weekly

DJI: the bears have wasted another opportunity to drive the market down after a test of this uptrend. Any signs of life over it next week will have them covering

tradingview.com

SPX: found support at a fairly dramatic uptrend channel. Oh boy tradingview.com

NDQ: similar to DOW. Bears failed to take advantage when this overhead uptrend was resistance. tradingview.com

SOX: bit of a messy one. tradingview.com

RUT: tradingview.com

DJT tradingview.com

UGL similar to DOW and NDQ tradingview.com