Top of my Midterm Channel looks to be right. We just got over good resistance. Chart:
I hope the long term channel is not downward; but, at least its not as steep as the last chart.
thank you for the analysis.
Top of my Midterm Channel looks to be right. We just got over good resistance. Chart:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Ok what just happened
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Bond market distraction. All better now.
Tom
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I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
I am still here licking my wounds. Yesterday was good news followed by bad news making topping tail in about an hour. I like how today filled its own gap and near it's high back above resistance. My May chart:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Sorry I have been at appointments in the morning the last couple of days.
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
I made the sideways consolidation box higher because of today's action. Chart:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
We had a breakout of the consolidation with a potential of P1 and a gap fill. I am concerned with the half selloff already. Chart:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Back to my Midterm since the sideways consolidation is done. Chart:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Well, I don't know why the S Fund just stayed the same level all afternoon while the other funds drifted towards their highs. Anyway, I masked the top of the green candle to make my channel look right, because we closed lower and it stayed green. Chart:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
MAY the force be with us and for all those Mandalorian's Cinco De Mayo.
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Let's fill that lower gap as soon as possible and then reach for the stars and fill that NASA gap.
May the force be with us.
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