Higher lows...
Anyone else seeing the uptrend in the Naz on the monthly chart?
- Thread starter SoyUnGanador
- Start date
I guess if you wanna make the argument that the markets have been bullish since 2009, that's valid. But the monthly chart shows a clear down trend, even if temporary.
I'm not very sophisticated Money Trust. I just pulled up the Naz on yahoo finance, clicked the 1 month button, and saw the uptrend. Here, I used a piece of paper to show it. Higher lows is what I see. But I'm more asking if I'm doing it right, I know almost nothing about charting and what not.
https://i.imgur.com/v7PLUSL.jpg
Thanks!
https://i.imgur.com/v7PLUSL.jpg
Thanks!
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Looks like an uptrend on weekly QQQ\
but strange thing about 4 or 5weeks to the month can make a big difference.
NQ + QQQ= almost no difference@ all, so far so good on year$ on that.
Good mo/month up on VALE + ILF+ plenty of ETfs South American stuff\ sorry my ILF order never got filled\ wide bid/ask...........................................................................
I do like mo[monthly chart] a lot/ sorry part of one day is closer to a weekly or daily.
XOM sector + VALE sector = nice mo/ uptrends. Not a prediction, SoyUsGandor
Ah OK, I see, should have said weeklies, makes sense given that was a "monthly" chart. I'm just trying to figure out if I'm doing it right LOL. Thanks Turtle dude!!!
that's a very sophisticated TA right there.
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QQQ monthlies weeklies looked much better in 2009 also;
FB had such lousy customer service+ downtrends they ruined a good uptrend.
But the XOM sector+ miners[VALE] +metals dealers never made those terrible customer service misses FB did.
FB upticked a bit /fake buy trend in 8\2022 month;
but even with those fake FB 8\22 mo uptics/ XOM sector+ QQQ shorts slaughtered FB bulls\ FB bottom fishers.
I use[ sell, buy+ vice versa] a lot more metals than any fake FB moves
It wasn't a monthly chart, it was a one-month chart. So those are not weeks. If it was, there would be only 4-5 bars
