Yeah posting stuff at noon is tough to gage the market since the smart money trades at the end of the day. Usually the last hour. But I get why people post stuff at noon because of our stupid IFT rules.
Not sure how well mid-day dojis hold up. A weekly stock chart is only accurate when the market closes on Friday and the last price is printed, maybe reading daily candlesticks apply in this context? There was a doji in Tuesday's chart at noon and I ran for the door. By the end of the day, it was gone!
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
Yeah posting stuff at noon is tough to gage the market since the smart money trades at the end of the day. Usually the last hour. But I get why people post stuff at noon because of our stupid IFT rules.
Chart:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Profit taking is bought back up and not showing weakness here but could be topping:
I completely missed the move and I think it is news related because of lower inflation but what if the Fed speaks net week?
I would like a test of the moving averages from above and the last crossover if mainly the 100 DMA dropping from the last bottom.
Think I may just watch JTH closer.
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Wow a whole week without bad news. I even thinking about support levels:
Will there be a three-day holiday trend reversal? I don't know.
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Upper trend line Double Top ?????
I'm not much to bitch about stuff, but I really, really miss the AMERICA that I grew up in.
Since I can't catch the news events and have been bearish a whole year or two, maybe a dream chart? What you think?
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
There's that doji again...
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
Wow TSP are taking funds out on 17th and I will get paid on 19th I guess automatic programs don't work on 15th. So much for a set payday anymore.
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
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