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sab63090

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sab63090

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Sunday, 01/23/2022 6:47:01 AM

Sunday, January 23, 2022 6:47:01 AM

Post# of 11288
Good read from Art:

https://tradetrekker.wordpress.com/2022/01/21/monday-january-24-2022/

For next week, the daily S&P 500 (SPX) is on track to record a TD Buy Setup @9 on Wednesday, January 26th, which coincidently is a FOMC meeting. With the SPX below the 200 day moving average, probability is selling will continue and a TD Buy Setup @9 will record. A ‘perfected’ TD Buy Setup (The low print of TD Buy Setup @8 (Tuesday, January 25th) or @9 (Wednesday, January 26th) is lower than TD Buy Setup @6 (January 21st) and @7 (January 22nd lows) will set up the start of a meaningful rally in the middle of the week.

***I think it's time to adjust to weekly charts to "calm down" the view & get a better view of the landscape***....my 2 cents
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