Looking better. I was thinking my 100 SMA was the Dead Cat Bounce line, and we are above that. I didn't show the small gap up because of yesterday's top tail. Chart: :cool:
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Looking better. I was thinking my 100 SMA was the Dead Cat Bounce line, and we are above that. I didn't show the small gap up because of yesterday's top tail. Chart: :cool:
So, in review why we lost the tug-a-war between Election talking points and real life:
1. Ex FED chairwoman Yellen tried to push that Inflation is transitory and then that it was coming down ...
Not much strength yet. Chart: :blink:
I think we're close enough to the bottom and to me I had a complete Longerterm loss. Longerterm Chart: :o
Well last night was scary. Things calmed down with the news reporting it's a limited strike. I am showing an Inverted F pattern which is bearish until it breaks. Chart: :blink:
I am out for breakfast. Things are looking much better than the over one percent drop last night. Maybe the limited strike by Isreal might be believed.
I did NASA my gaps I hope he doesn't mind I need the help. Testing light resistance. Hopefully a bullish change. Chart: :cool:
Me too can I NASA my gaps :cool:
No bottom Doji is good. Possible change in trend. Well, that's what I am hoping. Plus, it filled its own gap. Chart: :cool:
Did we bottoming? Chart: :blink:
Old 21 Feb 2024 gap filled. Looking like an exhausting move but in reality, it may be an escalating war news event. Chart: :eek:
Yes, I got caught in this. :embarrest: :sick:
Some of the fear is from escalation in the Middle East and speculation on oil prices going up as the conflict goes into oil production areas. To bad the Strategic Oil Reserves are 2/3s down from...
Is this drop enough. Chart: :worried:
Looking a little scary here. I was expecting a little more dip buying to support a double bottom. Here you go is the drop enough? :worried:
Ok back to reality. Put back the Longterm and showing how bad the Midterm is looking: :embarrest:
Ok, somebody buy the dip now and fill the gaps for me. :cheesy:
Since the real news has kicked my butt, I am manipulating my Longterm channel (Purple) for a news overreaction. Otherwise, I am admitting we broke out of the Longer term (Black) channel. :cheesy:
My dream lines (Longterm). Pre-chart: :blink:
I am losing the tug-a-war between the push for lowering interest rates for the election and the real news on inflation. I am sticking here because the bad news has already done its damage. I think:...
So far, the news is proving me wrong. I hope this is an overreaction to the CPI news and the dip will be bought at least halfway: :embarrest:
I'm OK :cool:
Trying to stay Midterm Neutral: :blink:
Fascinating :smile:
Becoming a little weaker than expected. Playing with Midterm Neutral: :cheesy:
I am not showing gap because of previous topping tail. Testing for light support. Chart:
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