Just Like clockwork...

[wingchaser]

Higher High, Higher Low, Full Body Candlestick breaches ever-important 200-Day SMA…

https://www.cnbc.com/2023/01/12/stock-m ... -news.html

Best of Luck (everyone) in all you choose to endeavor!!!

[jatelle]

Higher High, Higher Low, Full Body Candlestick breaches ever-important 200-Day SMA…

And if the higher highs continue we could see the 50 EMA cross above the 50 SMA as early as Wednesday which would be added confirmation.

[wingchaser]

Higher High, Higher Low, Full Body Candlestick breaches ever-important 200-Day SMA…

And if the higher highs continue we could see the 50 EMA cross above the 50 SMA as early as Wednesday which would be added confirmation.

Nice!!!

Best of Luck (everyone) in all you choose to endeavor!!!

[daemon]

Higher High, Higher Low, Full Body Candlestick breaches ever-important 200-Day SMA…

And if the higher highs continue we could see the 50 EMA cross above the 50 SMA as early as Wednesday which would be added confirmation.

Just in time for the debt ceiling fiasco to send the market down on Thursday

[wingchaser]

Interestin’ read…

https://www.fool.com/investing/2023/01/ ... gn=article

Best of Luck (everyone) in all you choose to endeavor!!!

[wingchaser]

Takin’ 25% OFF THE TABLE (profits) with stocks wavering near the Top (?) of the recent upsurge, still may go as high as 50% before deadline (1215 hrs.)…

Best of Luck (everyone) in all you choose to endeavor!!!

[wingchaser]

The most troubling facet of todays’ Stock Market Action is that the Dow is DOWN over 300 pts. (1%). There was a day (in time), though most of you won’t remember this, when the Dow was where all the Investments were. Not sure that’s true anymore…

Best of Luck (everyone) in all you choose to endeavor!!!

[wingchaser]

The DOW remains indicative of the "stables" across most Industries & could be a precursor of troubling short-term price action. We know that HOUSING has been crushed by Higher Interest Rates, Auto's & Financial(s) could also be negatively impacted (here). I was due to give an Investment Seminar on SECTOR ROTATION tonight on Meetup...

https://www.meetup.com/dctraders/events/shrrksyfccbwb/

but will have to push to February's Investment Mtg...

Best of Luck (everyone) in all you choose to endeavor!!!

[md2018]

Higher High, Higher Low, Full Body Candlestick breaches ever-important 200-Day SMA…

And if the higher highs continue we could see the 50 EMA cross above the 50 SMA as early as Wednesday which would be added confirmation.

Just in time for the debt ceiling fiasco to send the market down on Thursday

“Treasury Secretary Janet Yellen said last week that the U.S. likely won’t run out of cash or exhaust those measures until at least early June. Until then, the department is suspending investments in certain government retirement funds and hoping the House GOP and Democrats can come to an agreement to keep the government from careening into an economic crisis with far-reaching consequences.”

Last time we defaulted on the debt I think we had a 15% drop in the S&P in one day.

[wingchaser]

If it’s any consolation, S&P ended up bouncing’ off its 200-Day SMA (Support?)…

https://www.cnbc.com/2023/01/17/stock-m ... -news.html

Best of Luck (everyone) in all you choose to endeavor!!!

[jatelle]

If it’s any consolation, S&P ended up bouncing’ off its 200-Day SMA (Support?)…

Yes and also the Nasdaq bounced off its 100 SMA and made a new high without major divergence!

[wingchaser]

Interestin’ video…

https://m.youtube.com/watch?v=VG65rP-vsrs

Best of Luck (everyone) in all you choose to endeavor!!!

[bloobs]

Interestin’ video…

https://m.youtube.com/watch?v=VG65rP-vsrs

Was hoping he would spill the beans on the factors and indications "when" to trade these--which is what most of us really need to learn

Anyways, Japan and European equities (maybe gold) cranking it up as the dollar (and US stocks?) does the opposite.

[wingchaser]

I think it may be time to bail, forfeitin’ these last nine (9) trading days of the month, while (simultaneously) lockin’ in profits…

Don’t like the “tails” atop the candles these last few sessions’, denotes Downward Propensity…

Best of Luck (everyone) in all you choose to endeavor!!!

[wingchaser]

Recent History Debt Ceiling Crisis…

https://en.m.wikipedia.org/wiki/2011_Un ... ing_crisis

https://en.m.wikipedia.org/wiki/2013_Un ... ing_crisis

Interestingly enough, GOP held the House in both of these instances…

Propensity to act as a Negative Short-Term Catalyst…

Best of Luck (everyone) in all you choose to endeavor!!!