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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 (75949)12/25/2024 9:29:56 PM
From: Magnatizer1 Recommendation

Recommended By
Woody

  Respond to of 79489
 
VXRT

Weekly view, last bar in flight

Broad view tradingview.com

Mid range tradingview.com

Close tradingview.com

Again, VXRT follows the CCI system well. Most notable tops were either in cross channels or at trendline areas. Had shown strong moves north after coming off of downtrend tests

Could argue for positive divergence in the CCI but it would be a grey zone. It's pretty much basing out just as VXRT has been

Overhead cross channel at 0.74 to 0.838. Once this is broken the current target upside is 2.50 to 3 area. Pretty rare to have a weekly bar gap and go over a horizontal channel as it would have to gap on a Monday but if that does happen I'll be going overweight VXRT



To: Magnatizer who wrote (75949)12/27/2024 9:51:00 AM
From: Magnatizer  Read Replies (1) | Respond to of 79489
 
VXRT

Sniffing the cross channel zone

tradingview.com