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General Market Commentary
! JDST - ***** TRADE CHART 4 Hour 3 Mo Heiken-Ashi
Another new chart: ! BCRX- TRADE CHART 4 Hour 3 Mo Heiken-Ashi
12/01 Mon Hope all had a good Thanksgiving.... Month almost gone with Dec almost here. Where we are in the markets? I will be moving a few charts up front to show the current values and prices of the $SPX and a couple of $SPX Etfs. The $INDU is always fun to follow but the $SPX is the broad market and charts related are the ones to trade from. $BPSPX Area TMS shows the bullishness or bearishness of the current trend but SPXL and UPRO charts shows the current trade for the $SPX. November has been a very productive month, with election and vaccine rally. Risk is now on... Silver testing support of $22.19.
Once support is broken, lower prices usually follows. Rule of support and resistance rules all charts... along with patience and discipline.
11/25 Wed > 30,000 it did hit! Today 2 sellers are JDST and GBTC. With the right trading chart, JDST has produced over 25% about once a month since summer using the ! ! ! JDST - ******* 30 Min 4 Mo Renko.
Spot on chart! NUGT and JNUG too pricey.
Wealth is good, health is better, and God is Great.
This chart is a simple TMS format, being easy to follow but accurate for trading.
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