Comments on: Market Analysis & Trade Updates 1-10-23 https://rightsideofthechart.com/market-analysis-trade-updates-1-10-23/ Stock Trading, Investing & Market Analysis Wed, 14 Jun 2023 16:11:55 +0000 hourly 1 https://wordpress.org/?v=7.0.3 By: rsotc https://rightsideofthechart.com/market-analysis-trade-updates-1-10-23/#comment-25886 Wed, 11 Jan 2023 01:16:09 +0000 https://rightsideofthechart.com/?p=210212#comment-25886 In reply to Mikeflegel.

Certainly a possibility, especially when looking at the technical posture of the weekly charts.That’s why I’ll take it (the charts) as they come (develop) and do my best to act/adjust accordingly. As of now, the case to be long based off the daily & 60m charts supersedes what I see on the weekly charts so long for now & ready to flip, if & when that time comes.

]]> By: Mikeflegel https://rightsideofthechart.com/market-analysis-trade-updates-1-10-23/#comment-25885 Wed, 11 Jan 2023 00:31:30 +0000 https://rightsideofthechart.com/?p=210212#comment-25885 It seems like the market has priced in a decent that is lower than expected inflation rate. If the CPI comes in just a little hot aren’t we in for a next slide down

]]> By: rsotc https://rightsideofthechart.com/market-analysis-trade-updates-1-10-23/#comment-25883 Tue, 10 Jan 2023 18:06:25 +0000 https://rightsideofthechart.com/?p=210212#comment-25883 In reply to trade0039.

SOXX is currently testing the key 200-day EMA & SMA’s (which come in together right now) from below so at significant resistance. Daily PPO just made a bullish crossover so if the semis can power up solidly thru the 200-days…and the stock market rallies… then SOXX has a decent chance for a run back up to the 425ish area. If the broad market starts moving lower again soon & takes out the recent lows, the next leg down in the bear market, which will likely include the semis, will likely be under way. As of now, I favor SOXX up to the 331ish resistance in the coming days/weeks.

]]> By: HermonMunster https://rightsideofthechart.com/market-analysis-trade-updates-1-10-23/#comment-25882 Tue, 10 Jan 2023 16:16:38 +0000 https://rightsideofthechart.com/?p=210212#comment-25882 JO has a divergent low today.

https://i.imgur.com/UKkGSjv.jpg

]]> By: trade0039 https://rightsideofthechart.com/market-analysis-trade-updates-1-10-23/#comment-25881 Tue, 10 Jan 2023 15:55:56 +0000 https://rightsideofthechart.com/?p=210212#comment-25881 Hello Randy!

Any thoughts on Semis (SOXX) please?

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