Public ChartLists

9/23 Wed > "To be or not to be" is the big question to be answered... And no, I do not have the answer!
Question is: has the market topped again? Multiple things and situations have now entered the market of which the results and conclusions are still at hand. On Feb 21 2020 my $INDU charts showed the exact day of the last market top. From that day on, I lost over 35 followers... Now on Sept 3 this month the $INDU chart showed trend lines pointing to another possible market top. The hot and heavy $NDX and $COMPQ which carried the market up, are now leading the market down. So from here guidance for protection of capital is to be recognized with caution.

Isn"t it funny how commercial ads are still saying to buy gold and silver at a yearly high? I don"t think so my friend... I have posted a new chart of USLVF. It is not saying buy but is saying run for the hills. The rally in USLVF since March has produced a 900% advancement,, but today is screaming to sell and down 40% this week. I sold my JDST too quick, but did get 16.9% profit (3 to 4 day trade). If all my trades were that good, I would be thrilled. So you see at times it is easy to trade the markets and also at times difficult. Always remember Patience and Diligence, trading along with trend lines and channels using support and resistance... and of course using stops. I have learned these things only from the old School of Hard Knocks.
I know this commentary may be seen world wide but maybe what I do may be helpful for a few of you. Have a wonderful and safe week! If you like this list, don"t forget to show your appreciation...Thanks

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