Nice ES call from VZ at 8:39 PM last night:
POST Some CHART Images in THUMBNAIL Format Right Here, Baby.
- Thread starter easymon1
- Start date
From a Charting Guru I follow. Not @easymon1
"The three parallel blue lines at the right-hand side of the chart are three Supertrend Lines (11/2, 7/1.5, 10/1). The fact that they are parallel means that the Index is in consolidation. Obvious if you look directly at the chart action.
A medium term signal is given if the three Supertrend Lines change from blue to yellow.
For the short-term, look at the 10-Day MA (grey) and the Hull MA 13 (red). The chart has finished above the 10-Day MA for two consecutive days - that's short-term bullish. Hull MA has turned up - that's bullish.
But - there's a lot of near-term resistance. Each of the Supertrend Lines represents a resistance level. The 50-Day MA (curving blue line) represents resistance. Up higher again, is the 200-Day MA. That's a lot of resistance to overcome."
"The three parallel blue lines at the right-hand side of the chart are three Supertrend Lines (11/2, 7/1.5, 10/1). The fact that they are parallel means that the Index is in consolidation. Obvious if you look directly at the chart action.
A medium term signal is given if the three Supertrend Lines change from blue to yellow.
For the short-term, look at the 10-Day MA (grey) and the Hull MA 13 (red). The chart has finished above the 10-Day MA for two consecutive days - that's short-term bullish. Hull MA has turned up - that's bullish.
But - there's a lot of near-term resistance. Each of the Supertrend Lines represents a resistance level. The 50-Day MA (curving blue line) represents resistance. Up higher again, is the 200-Day MA. That's a lot of resistance to overcome."
https://stockcharts.com/freecharts/...Q,IWM,TSLA,TSLS,SQQQ,SOXL,UVXY,xlc,xle|B|null
Finviz Futures Charts Daily - - https://finviz.com/futures_charts.ashx?p=d1
PerCent Movers- https://finviz.com/futures.ashx
Finviz Futures Charts Daily - - https://finviz.com/futures_charts.ashx?p=d1
PerCent Movers- https://finviz.com/futures.ashx
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