$SPX - Chart Link- man these quarterly charts -
the SPX needs a parachute just to get back to its 9 EMA, heck even
the 5 EMA is 220 points lower. The 9 EMA is 520 points away
Crazy. I try and explain risk to clients by using longer term
charts like this with the 50 and 200 drawn in...but it's hard for
many to get their head around the idea that it's actually
possible.
yes it's crazy how far from the mean these monthly and quarterly
charts are. This monthly MA ribbon band we've been discussing for a
while, never seen it that wide before
Quarterly charts
Posted by matt on 4th of Oct 2021 at 03:48 pm
$SPX - Chart Link- man these quarterly charts - the SPX needs a parachute just to get back to its 9 EMA, heck even the 5 EMA is 220 points lower. The 9 EMA is 520 points away
$INDU - Chart Link- some like the NDX are near those doji lows
NASDAQ monthly will need
Posted by roger on 4th of Oct 2021 at 03:51 pm
NASDAQ monthly will need a parachute to reach the 200ma
Crazy. I try and explain
Posted by jtsurfah on 4th of Oct 2021 at 04:04 pm
Crazy. I try and explain risk to clients by using longer term charts like this with the 50 and 200 drawn in...but it's hard for many to get their head around the idea that it's actually possible.
yes it's crazy how far
Posted by matt on 4th of Oct 2021 at 04:24 pm
yes it's crazy how far from the mean these monthly and quarterly charts are. This monthly MA ribbon band we've been discussing for a while, never seen it that wide before
lol or face book face
Posted by fredsaid on 4th of Oct 2021 at 03:54 pm
lol or face book face plant !