I may be wrong here but finally able to try out a new Midterm Channel:
Too much chance of an abandon baby. No move for me.
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
I may be wrong here but finally able to try out a new Midterm Channel:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Oscarism: "An inverted F flag is bearish until it isn't." That being said I am wondering why the market is moving in slow motion to fill this gap. Keeping my eyes open and watching today if there is a big change in direction: I may be over speculating.
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
BQ...did the gap get filled...was it at 1380...I believe it finished in the 1377 area?
EJJ
Yes it was filled and no bounce after filling. Suprised at the drop near market close. Didn't think we would close at market low.
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Ditto. Redrew the channel to line up bottom and top more. If we head up in the morning I will have to change it back to the old one because a breakout will be confirmed. I am trying it out here because the S fund is entering over bought. The last two up days popped and dropped to the same level. I have been wrong before but don't exactly trust this level: Maybe I'm just news shy.
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Staying with Midterm Channel as drawn:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
This morning I thought the Midterm Channel was confirming. Then a little pop above but being below the new Higher Low Line it could drop again. I still think we are over bought at the top of the channel:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
China saying they will retaliate against tariffs is confirming my channel. Nice topping tail:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Anyone worried about GAP fill? That would be a 10% correction:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
In the daily time-frame: not technical analysis, nor algos, nor box technologies --- nothing can beat random tweets except proper risk management.
[COLOR=#0000ff][FONT=comic sans ms][I]"In the land of idiots, the moron is King."--Unknown[/I][/FONT][/COLOR]
Where will we find support? A pop is really needed this week to calm fears in this market. Longer time frames may be affected if not.
Charts:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
S&P500 (C Fund) (delayed) (Stockcharts.com Real-time) |
DWCPF (S Fund) (delayed) (Stockcharts.com Real-time) |
EFA (I Fund) (delayed) (Stockcharts.com Real-time) |
BND (F Fund) (delayed) (Stockcharts.com Real-time) |
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Yahoo Finance Realtime TSP Fund Tracking Index Quotes |
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