Lingamfelter

Lingamfelter

On chart: -macd -price action -rsi -bottoming volume bars Evaluation: -beautiful cup/bowl pattern -volume is down overall on M Plan: -check at close of M candle -watch volume

Lingamfelter

Price action: retraced back to the 2300 support line RSI: still in uptrend big volume around election Plan: nice spot for long if 2300 holds check W and M charts

Lingamfelter

On the chart: -macd -price action -rsi -bottoming volume bars Price movement: -inc volume -macd crossing? -rsi breaking to upside

Lingamfelter

On the chart: -macd -price action -rsi -bottoming volume bars Rationale for upside move: -rsi smooth bottom, turning up -volume increasing -smooth cup forming on price action

Lingamfelter

Watching: -overbought box on rsi -uptrend line on rsi -change in rsi does not necessarily mean change in price action, but it is worth watching Solid rules: -the trend is your friend -sell into strength

Lingamfelter

Background: -I look for trends in everything, PA and indicators -Monthly charts are very helpful for timing long term investments -momentum matters; RSI is the only true leading indicator that I have found What's on this chart: -macd -PA -rsi -bottoming volume bars What can be learned from this chart: -key market declines have occurred when the M rsi returns...

Lingamfelter

Price Action: -flag played out a few weeks ago -hung around the 140 level -currently >140; this is a key support/resistance line RSI: -not very helpful right now -broke below the uptrend line -made a double bottom Plan: -no position for swing (does not meet my strategy); from an investment standpoint, lets see how it responds to earnings -eval W and M charts

Lingamfelter

Left: BTC daily -rsi sitting above the top trend line -pink handle from the cup&handle is shown -estimated around 105k for the top of the first pump up; this is a rough estimate -price action took a pause to consolidate Right: BTC 2H -nice box consolidation (a la Livermore boxes) -pop above box on a larger volume candle -entry for the next leg up; it's a really...

Lingamfelter

Follow up from prior chart evaluation. Rationale: 1.rsi broke below the trendline 2.price action remains below 140 Upcoming events: 1.election 2.FOMC 3.earnings Plan: no position tracking same as the indices

Lingamfelter

look at btc on the monthly chart: winter is not horizontally oriented there is an uptrend idea: winter is the boring time for crypto when everyone is talking about how it's going to die etc etc the buy point is in the lower blue channel. low risk, high reward.

Lingamfelter

IMO everything will follow the path of China. Everything we own says "made in China" -- so why aren't we following BABA as a guide??? Our indices have followed the path. Our big caps are following the path. We don't need to reinvent the wheel. It's right there... I don't known anyone else who does this simple channel scheme w the charts. There may be a...

Lingamfelter

monthly rsi on spy...i see similarities in 2000, 2009, 15, etc

03:43

Lingamfelter

looking at poss inv head and shoulders forming. using channels upon channels, inside more channels....

02:52

Lingamfelter

similar measurements repeat. first, i accept that this idea may be nonsense and unusable. but since patterns repeat, it's possible that certain lengths also repeat in a way that help guide TA as the price action develops.

Lingamfelter

AMZN BOX JUMPER. pretty boring chart pattern. box and jump. box and.... recaptured averages...can she stay above and fill the gap...if so thats >10%. that gets her above the box. maybe a nice jump up to the next trading range. macd is your friend on the daily; weekly still a little behind -- paytience .......

Lingamfelter

the tesla likes her some blue. she fell into purple but recaptured the averages and is poised for take off. will she go or will she melt under? if we are heading for a blow off top, why not lead with the s&p 5. it ain't quite right for the market to run away like this but if you can't beat em....

Lingamfelter

wouldn't it be something if the s&p 500 tops out at 500??? based on this chart, it looks like we are heading there in a hurry.

Lingamfelter

with one exception, each rising wedge has respected the last green candle lower body close as the target price once if falls out of the wedge. there was one notable exception when the redistribution fell to a lower level. on a macro basis, it makes sense for the tokens/coins to spend some more time down in this accum range since the whales are still figuring out...