Posted by mborder1 on 12th of Aug 2022 at 03:29 pm
In the bear markets of the last 22 yrs, on a monthly chart of
SPX, when end of month price closed above the midline of Bollinger
bands(21 ema) which is usually flat by then, The Bottom is in
and will not be exceeded on retracement. See arrows.
Objective evidence, not prognostication. Trade your plan!!
The orderly pullback following payroll announcement confirms
that Wall street prefers the Fed kills inflation quickly rather
than inflation killing consumer spending. Makes sense?
XLK holds weekly trendline break and 35 RSI and Stock above 50.
Now we wait for successful retest and rise to the 40 WK ma at 151..
That should be significant resistance. THEN WE RETEST THE
TRENDLINE AGAIN..
I don't know much about indicators but I hear they follow price!
Watching price of XLK holding above 30 WK MA and giving serious
consideration to breaking down trendline. If it does and holds on
retest, I am backing up the truck. Time will tell...
Posted by mborder1 on 17th of Jul 2021 at 08:42 am
SPX WEEKLY CHART...My Hunch: 12-13% correction (Target: SPX
3800-3850) to 50wk SMA, retest of Broken highs trendline, and 38%
Fib. retracement of W3 /of i of Bull WII
Will find out tomorrow. One strategy will be to put half of
account in cash and split the other half equally between :
AMZN,NVDA, and COST. Turn off computer and go to my mountain log
cabin and fish for 5 yrs.
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Ciovacco declares bottom is in. https://www.youtube.com/watch?v=5ITDzmzes8I
Posted by mborder1 on 13th of Aug 2022 at 10:25 am
Ciovacco declares bottom is in.
https://www.youtube.com/watch?v=5ITDzmzes8I
In the bear markets of
Posted by mborder1 on 12th of Aug 2022 at 03:29 pm
In the bear markets of the last 22 yrs, on a monthly chart of SPX, when end of month price closed above the midline of Bollinger bands(21 ema) which is usually flat by then, The Bottom is in and will not be exceeded on retracement. See arrows.
Objective evidence, not prognostication. Trade your plan!!
When Wave 1 extension exceeds
Posted by mborder1 on 12th of Aug 2022 at 03:05 pm
When Wave 1 extension exceeds 161.8% of Wave 1, it is unlikely a Wace C and much more likely an impulsive Wave3.
Makes a big difference if
Tech and small cap leading the rally. IWM weekly above ...
Posted by mborder1 on 12th of Aug 2022 at 12:57 pm
Makes a big difference if I am a long term investor! I am not a day trader spending everyday of my life looking at a computer screen...
Tech and small cap leading
Posted by mborder1 on 12th of Aug 2022 at 12:35 pm
Tech and small cap leading the rally. IWM weekly above trendline challenging the 40 WK ma. Are we in a BULL market or is it me?? HELP!!LOl
Thanks
Steve: what does it mean if Wave C extends beyond ...
Posted by mborder1 on 11th of Aug 2022 at 08:48 am
Thanks
Steve: what does it mean
Posted by mborder1 on 11th of Aug 2022 at 08:42 am
Steve: what does it mean if Wave C extends beyond 1.618% of wave A?
TGT. Eventually that GAP will
Posted by mborder1 on 10th of Aug 2022 at 01:49 pm
TGT. Eventually that GAP will fill if you are willing to wait.
Excellent work nailing the top!
Posted by mborder1 on 8th of Aug 2022 at 02:47 pm
Excellent work nailing the top! Thanks Steve.
Cumulative NYAD way ahead of
Posted by mborder1 on 6th of Aug 2022 at 07:07 pm
Cumulative NYAD way ahead of NYA price. Bullish
The orderly pullback following payroll
Posted by mborder1 on 5th of Aug 2022 at 03:28 pm
The orderly pullback following payroll announcement confirms that Wall street prefers the Fed kills inflation quickly rather than inflation killing consumer spending. Makes sense?
XLK holds weekly trendline break and 35 RSI and Stock above 50. Now we wait for successful retest and rise to the 40 WK ma at 151.. That should be significant resistance. THEN WE RETEST THE TRENDLINE AGAIN..
keeping an open mind as
XLK BREAKOUT..DON'T FIGHT THE FED!!
Posted by mborder1 on 3rd of Aug 2022 at 12:53 pm
keeping an open mind as you always say.
XLK BREAKOUT..DON'T FIGHT THE FED!!
Posted by mborder1 on 3rd of Aug 2022 at 12:45 pm
XLK BREAKOUT..DON'T FIGHT THE FED!!
I don't know much about
Posted by mborder1 on 1st of Aug 2022 at 11:20 am
I don't know much about indicators but I hear they follow price! Watching price of XLK holding above 30 WK MA and giving serious consideration to breaking down trendline. If it does and holds on retest, I am backing up the truck. Time will tell...
XLK WEEKLY
Could this monthly Bullish engulfing
Posted by mborder1 on 30th of Jul 2022 at 02:20 pm
Could this monthly Bullish engulfing mark the bottom of correction?
is this indicator free on
Weighted Sectors been under zero most of the day.
Posted by mborder1 on 18th of Jul 2022 at 02:34 pm
is this indicator free on TOS? how do you set it up? TX
other favorites: COST,ASO,NVDA,ABBV
Posted by mborder1 on 17th of Jul 2022 at 12:11 pm
other favorites: COST,ASO,NVDA,ABBV
Amzn showing evidence of accumulation
Posted by mborder1 on 17th of Jul 2022 at 12:06 pm
Amzn showing evidence of accumulation before breakout. Target: closing gap at 135.
SPX WEEKLY CHART...My Hunch: 12-13%
Posted by mborder1 on 17th of Jul 2021 at 08:42 am
SPX WEEKLY CHART...My Hunch: 12-13% correction (Target: SPX 3800-3850) to 50wk SMA, retest of Broken highs trendline, and 38% Fib. retracement of W3 /of i of Bull WII
Will find out tomorrow. One
Everyone is expecting a market crash tomorrow. Does that mean ...
Posted by mborder1 on 9th of Jun 2021 at 03:45 pm
Will find out tomorrow. One strategy will be to put half of account in cash and split the other half equally between : AMZN,NVDA, and COST. Turn off computer and go to my mountain log cabin and fish for 5 yrs.