3 replies to this topic

[Rogerdodger]

Spy broke the uptrend line but SPX held... so far.

 

From Mike Burk's Seasonality

 

[12SPX]

I thought overall seasonality says down till July though no?

[Rogerdodger]

I should have clarified my short time frame.

Some things are looking toppy.

 

 

2022 all months: That mid-June peak shows a possible failed rally following the high for the month.

 

A possible T is ending first part of August. (But even the T "expert" says he is ignoring it...but peeking out of one eye.

ME TOO!

 

T LINK

can’t build a T out of this week’s move. There has not been a deep enough low in the Volume Oscillator or McOscillator to create one. But it gives more validity to the T that I have been disregarding–one creating a left side in October, a center point in March, and strength from March through the end of July/beginning of August.

PS:PS:PS: In the chart just above, the extreme June 1st McOsi reading was not the final figure. It was actually in the high-normal range.

Edited by Rogerdodger, 20 June 2023 - 04:53 PM.

[dTraderB]

Guys, let us do the POLL
I just voted

https://www.traders-...ednesday-62123/