Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : TRIPLE TRADES -- Ignore unavailable to you. Want to Upgrade?

To: Fiscally Conservative who wrote (4021)	2/27/2025 11:49:35 PM
From: Bull RidaH	Read Replies (2) \| Respond to of 4397

You're absolutely right... it IS complicated!! Here's that chart! Notice the textbook ENDING DIAGONAL that formed off the Oct '23 lows, and COMPLETED at last Wednesday's high. TODAY'S collapse through that lower ending diagonal wedge line at 5960 LOCKED IN the devastating consequences of a breakdown from an Ending Diagonal Wedge. MOST of the time, a re-check of that number from below occurs BEFORE the massive collapse occurs. Will this time be different? Only Da Cheif knows for sure. And how low will C go? Once again... only Da Cheif knows for sure, and he may not reveal that to anybody who forgot to place the token in the meter. <g>