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Re: Lostcoastkid post# 18284

Wednesday, 04/03/2024 11:57:39 PM

Wednesday, April 03, 2024 11:57:39 PM

Post# of 18554
The bounce off the 9 EMA on the daily keeps me long.

The bunching of the 9, 21 and 50 daily back in Jan was a strong indicator once the crossover was clear. Golden cross on the daily happened just a couple of weeks later. I’m guessing that pulled in some players.

Saw the same thing on the weeklies towards the end of Jan and now there’s a chance at the cracking the 200 on the Friday print. If it does, I expect even more to follow along and get on board.

Really seems to me like our Washington friends may continue to drag their feet on things until 4/20. It’s only a little over two weeks away now so who knows? Maybe they are just trying to be cute? That’s only two more candles away. Lol

GL