7 replies to this topic

[andr99]

and throwing some water on the bears' most dramatic expectations. If this too fails, I'm done with any other attempt  

 

here below is the daily nasdaq, its short term resistance break up accompanied by macd rise above its moving average. A bullish signal in any TA text book. There's a gap up which is worrysome for some reasons, but

 

even if it gets filled, the signal remains. 

 

We are dealing with probabilities obviously, so that even though I don't think the bears have any chance to see any drop anytime soon, in the stock market nothing can be excluded. But going by probabilities the most

 

probable scenario is bullish   

 

https://i.postimg.cc...nasdaqbreak.jpg

 

 

[andr99]

now waiting for the usual textbook question by the usual hypercriticism adept  ''.....and what are your macd parameters ? '' 12,26,9 if you like.....as repeated over and over 

Edited by andr99, 21 March 2023 - 04:53 PM.

[steadyquest]

"If this too fails, I'm done with any other attempt"

Promises, promises!

[andr99]

a more intelligent comment no....eh ?

[steadyquest]

Me thinks someone maybe needs to take a chill pill.

 

Hope we aren't about to lose the US consumer - without 'em who's gonna buy all those plasma TVs?

 

[pdx5]

Now Only 20% below high water mark. Will the boats rise to 4800 which is the high water mark of SPX? 

My guess is not in 2023 and not in 2024. Good chance in 2025.

[12SPX]

Are you Canadian andre, eh lol!!!  And who buys plasma tv's anymore lol!!  They do have great colour mind you and I have a 65 inch one believe it or not that weighs a million pounds lol!!  I'm with you pdx, grind grind grind!! 

[slupert]

Now Only 20% below high water mark. Will the boats rise to 4800 which is the high water mark of SPX? 

My guess is not in 2023 and not in 2024. Good chance in 2025.

I agree with you maybe even longer than that. Now I believe we stay in the 3800-4200 trading range.(JMHO)