Please read our AutoTracker policy on the IFT deadline and remaining active. Thanks!
$ - Premium Service Content (Info) | AutoTracker Monthly Winners | Is Gmail et al, Blocking Our emails?
Find us on: Facebook & X | Posting Copyrighted Material
Join the TSP Talk AutoTracker: How to Get Started | Login | Main AutoTracker Page
The Forum works well on MOBILE devices without an app: Just go to: https://forum.tsptalk.com ...
Or you can now use TapaTalk again!
For some reason my question ended up way ay the bottom...
Please let me know - is the $MSEAFE or EFA is the correct chart to be using for the "I" Fund! - as the correct p&f to be reading on StockCharts??
VR
Hi James,
...
Just 1 question, any reason there is neither bullish, or bearish lines drane on the $MSEAFE? Just curious (the EFA p&f does show a "Bullish Support Line".) Maybe p&f charts don't have to show any, if none is indicated?
Gut tells me higher tomorrow, then lower Friday and maybe even monday. We'll see.
Hello James,
Good to be back. See I missed alot - maybe a good thing. Not sure next week will hold, may see retest -at least my hope since I'm still in G (no TV/news/internet up in the PA hills).
Anyway, a question for class:
Looking at several p&f charts now, many seem that the Red Bearish Resistance Lines do not disappear - they just get maybe broken (with Xs) passed or supassed, but remain. Wherein a new Bullisish Support (blue) line appears and passes the red. Is this normal (that the red lines remain)? Below is an example (Friday's S-Fund), of what I'm trying to ask about.
Please also let me know if you see anything else suggesting S may be improving (I note the 2 new Xs closing on the red line.).
View attachment 2732
Hi James,
- noticed today's reversal in the p&f charts for $SPX [and also interesting change in $EMW] (EFA & $MSEAFE unchanged/still positive). Thought others may find it intriguing, since its based on technicals - not Fed/Rate cut speculations!!
VR:laugh:
http://stockcharts.com/def/servlet/SC.pnf?c=$SPX,P&listNum=
http://stockcharts.com/def/servlet/SC.pnf?c=$EMW,P&listNum= (not quite reversed yet, close, but notice the PO!)
What a cliff hanger! Looks like the Dow Jones Wilshire 4500 is right at 673 (or 674 depending on where you get the quote) which is the reversal point, right? How many points above that does it have to go in order for P&F to consider it BULL move? May be tomorrow we will see that solid blue support line trending up, do you think?
James:
Have you been following this P&F chart for long? I am just starting to look at charting, and while the other types of chart allow you to compare past performance, this one doesn't. From your experience, whenever there is a turnaround with a bullish revised number, how well does the market follow it? I saw the turnaround on the DOW 12900, which is pretty much right on the dot, but that was my only experience.
Thanks for all the free training