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tothe

02/04/22 12:18 PM

#23899 RE: structengr #23895

Structengr; Agree, SMA(200) was an very,very important ILUS pivot. Looks like next week the 13 day EMA is another important pivot for confirmation of an upward continuation pattern. We are no way near calling any breakout patterns on today's reversal action.
this post is NOT on my chart thread

* Elder chart EMA = TREND, MACD = MOMO
https://school.stockcharts.com/doku.php?id=chart_analysis:elder_impulse_system
https://stockcharts.com/h-sc/ui?s=ILUS&p=D&yr=0&mn=4&dy=0&id=p05788464381&listNum=23&a=1105370694
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zig zag

02/04/22 1:32 PM

#23903 RE: structengr #23895

Time to gather up more ILUS