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07/13/2024 Weekend Update

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Cobra
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Joined: Sat Feb 12, 2011 10:29 pm

07/13/2024 Weekend Update

Post by Cobra »

Up 2 weeks in a row, the next week has 54% chances to close up, 75% chances to make a higher high.

So, more up.

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JFR
Posts: 11167
Joined: Sun Dec 02, 2012 7:24 pm

Re: 07/13/2024 Weekend Update

Post by JFR »

SPY daily.

Trend up since May 6.

Sto acknowledges that the market has stalled a bit. Early warning.

MACD still maxed out. Histogram, like the Sto, sees the slow down.

Heavier volume for two days, as the bulls and bears fight it out.

Bollinger being pushed up.

EMAs 20 50 100 all up, and in the right order.

Black clouds? Many pushes up. Time for a pullback? Keep a watch out, and a finger on the exit trigger.

Have a good weekend.

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Charts posted are not recommendations. They are just a sharing of information.
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