one23

one23

Looks good

one23

N/A

one23

SEE LINKED FOR CONTEXT

one23

WILL THE DAMAGE STOP HERE AS IT HAS IN THE PAST THREE CORRECTIONS, OR WILL IT TURN INTO A FULL-ON BLOOD BATH?

one23

Resting at Weekly Pivot P

one23

NICE CHANNEL SINCE APRIL GAP. POISED FOR CONTINUATION.

one23

$678 IS NEXT IF BREAKOUT CARRIES THROUGH. MFI FAVORABLE IN THIS SQUEEZE, UNLIKE IN LAST ONE.

one23

CURRENTLY PROFITABLE WITH P/E BELOW 2

one23

RENKO MAKES VIEWING THIS ONE IN PARTICULAR EASIER. CLEARLY NEAR IMPORTANT JUNCTURE.

one23

GOOD LOOKING CHART ALL AROUND

one23

...this would be it. Month-long squeeze + Leaving BB + MA support + Rising MFI Looks very poised for a textbook upside breakout. Long tomorrow with stop near MA.

one23

ABOVE SMA 200 + TIGHT BAND + INCREASING MFI

one23

ABOVE SMA 200 + TIGHT BAND + INCREASING MFI

one23

ABOVE SMA 200 + TIGHT BANDWIDTH + INCREASING MFI HANDLE W/ GOOD MOMENTUM

one23

SEE LINKED CHART FOR CONTEXT. MCD IS ESSENTIALLY AT THE OPPOSITE END OF THE POSITIVE DPO RANGE VS. SPX. DPO MAY IMPLY THAT BEING LONG MCD (A DIVIDEND ARISTOCRAT), FOR EXAMPLE, AT THIS LEVEL WOULD BE LESS RISKY THAN BEING LONG SPX (ESPECIALLY IF MCD HOLDS UP AS WELL DURING THE NEXT RECESSION AS IT DID IN THE PREVIOUS ONE). IN OTHER WORDS, MCD MAY BE TROUGHING...

one23

SEE LINKED CHART FOR CONTEXT. USING DPO 21 (TO MATCH UP WITH FIB-BASED EMA 21 IN LINKED CHART) MAY BE SUPERIOR FOR VARIOUS REASONS TO USING TWO EMAs. ONE REASON IS THAT IT PAINTS A SMOOTHER PICTURE, ALLOWING ONE TO SEE MEANINGFUL PEAKS AND TROUGHS MORE EASILY. THE DPO, UNLIKE THE PPO USED IN LINKED CHART, IMPLIES THAT SPX MAY BE MORE OVERBOUGHT NOW THAN IN...

one23

.

one23

SIMILAR TO LMT & ECL