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Can somebody explain what this parabolic chart means?


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#1 pdx5

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Posted 17 June 2021 - 05:10 PM

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#2 linrom1

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Posted 17 June 2021 - 05:56 PM

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https://www.zerohedg...llion-overnight



#3 fib_1618

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Posted 17 June 2021 - 10:45 PM

As far as the stock market is concerned, it means absolutely nothing.

 

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#4 pdx5

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Posted 18 June 2021 - 07:40 AM

As far as the stock market is concerned, it means absolutely nothing.

 

Fib

Thanks fib! Markets were not much moved by FED's moves on Wednesday.


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#5 fib_1618

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Posted 18 June 2021 - 09:53 AM

 

As far as the stock market is concerned, it means absolutely nothing.

 

Fib

Thanks fib! Markets were not much moved by FED's moves on Wednesday.


Jawboning is just that...especially when it’s meant to be politically, no less economically, destructive.

 

Fib


Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

Technical Watch Subscriptions