XBI still weak

    Posted by matt on 24th of Sep 2024 at 01:04 pm

    XBI - Chart Link- tested that trendline below found some support, best if it can hold that, 

    interesting that the HP KISS

    Posted by skwan1940 on 11th of Oct 2024 at 12:02 pm

    interesting that the HP KISS went long XBI after the recovery from the broken trendline

    Trap trigger setups like this

    Posted by bthefnd on 11th of Oct 2024 at 12:10 pm

    Trap trigger setups like this are my favorite of all setups, by far.  I'd love to have a system with alerts that only showed these across like 20 of my favorite names on different time frames.  I need to ask ChatGPT about the logic that would get that done. 

    that's a good idea considering

    Posted by skwan1940 on 11th of Oct 2024 at 12:16 pm

    that's a good idea considering how popular TA has become (sometimes "everybody" is noticing the same pattern)

    For example, if SPX reverses

    Posted by bthefnd on 11th of Oct 2024 at 12:14 pm

    For example, if SPX reverses soon and pushes above 5816, the trap is triggered....again.  Some people would call it a failed auction or a look above / look below and fail, etc. I just call them traps. 

    The only saving grace about

    Posted by steveo on 24th of Sep 2024 at 02:59 pm

    The only saving grace about XBI is that I don't have much of it....Set a stop below that line.

    Ozempic on the list for

    Posted by bthefnd on 24th of Sep 2024 at 03:01 pm

    Ozempic on the list for Gov negotiations (a not so hidden bonus indicating Gov reimbursement plans which is the golden ticket to ultra mega blockbuster status) and congress is having hearings on high cost of weight loss meds.  All standard stuff for late September in an election year. 

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