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ST RESISTANCE then RALLY RESUMES


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#191 K Wave

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Posted 19 January 2023 - 11:17 AM

REIT right at 2340.....failure here is likely the beginning of the end...

 

Bulls have to hold right here....


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#192 K Wave

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Posted 19 January 2023 - 11:21 AM

XRT..back below 63, and failure swing high would likely be sealed in....

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#193 K Wave

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Posted 19 January 2023 - 11:28 AM

BLK another suspect looking chart to keep an eye on....

 

 

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#194 K Wave

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Posted 19 January 2023 - 11:29 AM

Naz headed back to lows...may have just seen the failure point...


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#195 K Wave

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Posted 19 January 2023 - 11:36 AM

CAT at the breakout/fakeout line....

 

any further slippage would be worrisome to bulls, and below 240 probably a done deal...

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#196 K Wave

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Posted 19 January 2023 - 11:38 AM

Anyway...the reason I am posting all these big Dow stock charts is that you have have a handle on what actually drives the index...

 

And when multiple big guns are starting to break...much like the Naz big guns last January, best to pay attention.


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#197 K Wave

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Posted 19 January 2023 - 11:41 AM

Much like HD yesterday, REIT bears tryin' for that first big objective of busting the 15 min 200...

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#198 steadyquest

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Posted 19 January 2023 - 11:42 AM

Could bounce at NYSE 15522.573.

 

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#199 K Wave

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Posted 19 January 2023 - 11:43 AM

Utes bears need just a few more bars under that 2 hour 200....

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#200 steadyquest

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Posted 19 January 2023 - 11:45 AM

Or maybe not...