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I can't tell. It was looking like a V bottom at first but now looking more like a bear flag as it continues to spread out to the right. At the bottom of the chart I have it dropping into over bought territory. News cycles have more of an effect on the market these days as it can turn so quickly with super computers. No more examples of its like turning a big ship on the movement of big money any more. It's like we're the row boat in a speed boat race. My charting is more like speculation on the odds of a direction.Check out a short term run of the S fund. Sure looks like a wind-up...but for what?!?!?
As always, thanks for the charts and have a great weekend (But just about everyday is a weekend for you, isn't it!)
I'm OK. Just not charting as much.Been 2 weeks without your charting bud...hope all is OK!!!
The financial market is so news based and so manipulated by big money and super computers that I'm doing too much second guessing in this particular short term.:blink: So September - October neutral.![]()
Quat, I think the computer algorithms have changed...and are now excluding FAKE NEWS, especially the recycled variety like Russians!, NK!, Mueller!, Nuttjob!, tweet! If it isn't either new or true, the computers are excluding it or buying the tiniest dip.The financial market is so news based and so manipulated by big money and super computers that I'm doing too much second guessing in this particular short term.:blink: So September - October neutral.![]()
Is a turn coming or what? Charts 10/16/17::suspicious:I just can't appease the Spidey. :suspicious:
Keeping an eye on this. Flat tops can cause big drops. Don't make me draw P 2::worried:I just can't appease the Spidey. :suspicious:
Keeping an eye on this. Flat tops can cause big drops. Don't make me draw P 2::worried:
Boy was I surprised with the dip buy:Keeping an eye on this. Flat tops can cause big drops. Don't make me draw P 2::worried: