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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Cornstock who wrote (75997)	12/28/2024 11:16:30 AM
From: Doug R	Respond to of 79491

Hi Peg, I hope your weekend is fabulous. Congrats on nailing post #76k. Considering the up and down volatility inherent to the group at this stage I agree with your statement (maybe with only one "very"...lol). The only slight disappointment is that QUBT did not properly hitch yet. If it's going to (highly likely), it will take some more time. And time is the enemy as long as the DJI is on track for an inverse trick signal in the short term. It's always sumthin'. As a trader, I'll probably start lightening up on everything only when the DJI starts down after setting the 2nd anchor for the trigger line. Here's my rough example for the trigger line anchoring. There's still a lot of variation to how it will eventually play out though. One variation could be a trip back down to deeply oversold. In that case the trick dynamic would be erased and other concerns arise. Or it could bounce then drop and take the 3dRSI lower than where it was before the bounce, but not deeply oversold...resetting the trigger line to a less steep upward angle. So far reality is sorta similar to the example but may be happening a bit faster than the example. 75999