Whipsaw's Account Talk

[ravensfan]

I asked our Magic 8-Ball if the market was going to pull back, it said 'Reply is hazy, try again,' three times in a row - so I stopped asking!

I'm surprised the U.S. & E.U. trade agreement has not had a more positive influence on the market.

 

[Whipsaw]

I'm surprised the U.S. & E.U. trade agreement has not had a more positive influence on the market.

Spot on, I thought we would see more upward movement as well, to pile onto the rising pennant prediction. I didn't ask the M-8 about that.

 

[Whipsaw]

This morning, I watched the Grok Trade video of about a week ago, D7 characterized what I saw as a rising pennant (continuation), as a rising wedge (bearish pattern), he pointed to bearish divergence in the RSI sloping down as the market rose - that appears to have worked itself out as I look at the current charts. MW is pointing to potential 5-10% pull back, though we're only seeing downward action of .07% in the SPX and .33% in the DOW this morning, no appreciable rise in the Vix. The weekly charts look solid, at the moment. Other sources (and D7) point to the Big Beautiful Law building significant economic strength going forward. Go back to my post of 3 or 4 days ago when I jumped in for a good laugh. Holding steady.

 

[Whipsaw]

Hmmmmm...

 

[Whipsaw]

Cooling my heels at the bottom of the AT -_____-

 

[ravensfan]

Cooling my heels at the bottom of the AT -_____-

I feel for you my friend. I had the year from hell back in 2022 and I'm still digging out of the hole. Hang in there. Things will get better.

 

[Whipsaw]

Still cooling my heels at the bottom of the AT. So, I used to have the funds bookmarked on BigCharts, Marketwatch, purveyors of generosity they are, killed it. I thought it said they were moving to a different area in MW, can' find them. I'd appreciate links to any charts that are free, easy, equivalent (have some level of tailoring, adjustments). Thanks!