January 24, 2022

OmahaCharts

Technical Analysis of Financial Markets

It’s Called A Changeover, The Movie Goes On And Nobody In The Audience Has Any Idea…

It's Called A Changeover, The Movie Goes On And Nobody In The Audience Has Any Idea...

yler was a night person. While the rest of us were asleep, he worked…

So the markets are taking a header today. But remember, these things happen and patterns emerge which can help provide us a framework for what we might expect. Keep this chart below in mind…

A – A1: Consolidation period, Bollinger band compression

B-B1: Sharp down day followed by 3 days of slight gains.

C-C1: 2nd sharp down day followed by… ?

Nobody knows they saw it, but they did..

A nice big… rally.