:: actio-et-reactio ::
amg's market charts and blather
Hope this shortened week brought you bits of rest and fun. Seems the holidays are usually a mix of stress and gratitude (lol). As long as the gratitude wins out in the end, all the better!
I've started a new weekly chart for the next month. The old forks, and trendlines, went bust and what were "tentative" up-channels went In-Play. Loads of folks looking for a short term top, moi aussi. My targets:
::: 940-- old 8/98 low, which has served as support, becomes resistance;
::: 955-- actually, a string of hits when viewed on the daily chart (see prior post), suggesting more side-winding up ahead
::: 963-- cross over of larger "Blue" ML half-fork with "Grey" ML, and upper 13-week Bollinger Band
RSI on the weekly chart is clearly in a topping zone, but has not yet rolled. Daily RSI is coiling but not yet broken.
Stay safe & enjoy the ride!
|
moon phases |
At last, over the rim
of the waiting earth
the moon lifted with
slow majesty
till it swung clear of the horizon and rode off,
free of moorings
- Kenneth Grahame,
The Wind in the Willows
blather: nonsensical talk.
At times my analysis log, at times sharing what I've learned. Always my own work and views.
Content: amg
Basis: glish & bluerobot
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