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I was wrong the news wasn't completely sold yet. Even popped past my 50 DMA. Spidey alert: :worried:For in the morning. Nothing really bad happening here but this is only a preliminary Midterm channel. I think 60/40 the blue line holds with the 18 DMA right there. We'll see if the news is baked in:![]()
I was surprised with the buy back so I moved the blue line. Here's what I have and it may be a bullish move or PPT action: :suspicious:50 DMA tested as resistance from below. Me, I am hoping blue line holds. Spidey is bottom black line: :worried:
Still relevant. Chart: :blink:Normally I would say this is a Inverted F Flag which is bearish until it breaks. I think 50/50 that's it's a market in denial grasping to hold on. Spidey thinks 50/50 too so we'll see: :blink:
Allrighty then coffee timeNo Friday action, market closed for Good Friday.
Bottom of the box level created dip buying. Was at the dentist getting a cleaning so I wasn't around for the news that may have reversed this direction all of a sudden. But it does verify my Black channel: :notrust:My 50 DMA is acting stronger as resistance than normal and the consolidation to pop is a little weaker. Bottom half of box technology for (Friday) Monday: :suspicious: