makes sense thank you for the reply

Thanks Randy.

Looks like you’re using TOS & they are show the March /GC low of 1618.3 on Nov 3rd while my TWS chart shows a low around 1643 so probably the difference there, plus I cut those more recent reactions a hair tighter with my TL that yours.Safe bet is to use your TL as the BOD (benefit of the doubt) trendline but a lot of retail & even professional traders trade & chart GLD which, as I type, is trading below its comparable uptrend line off the early Nov lows on the daily time frame. Again, the safe bet to to wait for a solid break below the TL as you have it drawn. Thx for sharing.

Nothing but bullish price action in the semis recently, taking out & now trading well-above their primary (daily chart) bear market downtrend lines & 200-day MAs. However, SOXX now oversold with negative divergence as it has rallied into fairly significant resistance around 430 so as with SPY & QQQ, the R/R, at least for the very near-term, is more favorable for shorting than going long (taking new longs) here.

Covered in the two videos that followed this post & I’d imagine I’ll have a much better idea on where QQQ & SPY are heading after tonight.

Yep, just received this email from my electric ultility provider (Florida Power & Light) today. They can’t figure out whether they should raise our rates or lower them due to the huge changes in nat gas prices….LOL (although I’m sure they’ll opt for the former vs. the latter).

Appreciate it.

Added it in the reply above in this comment thread to @becky

Full charts showing for me pn PC using MS Outlook. Just checked gmail in browser & the full chart appears but smaller. However, I click on it & it opens full size in a new window. You can also click the title to the post to view the charts on the site.

Here’s my UNG daily chart, still riding the trendline down, awaiting a solid break above, while also awaiting a clean bullish crossover on the daily PPO.

See reply to @becky in this thread above.