Jump to content

One Stupid Trendline 6/30/21

Rate this topic


Recommended Posts

That's how many they broke here in the wee hours approaching 6 AM NY time. They came down to two channel lines converging at 4270 and the plunge stopped on a dime right there. Trading algos know where the trendlines are. 

tvc_3d7ef7f575ab291751f45d69d4f30866.png

Now if they drop below 4267, then there's a little air down to the base breakout line at 4257. Indicators are weakening still, so there's a good chance that will happen.

Also a good chance that it won't. WTF do I know? I'll wait for the market to turn thumbs up or thumbs down. As for a bullish re-signal my guess is that if they clear 4283, they'll make new highs later today. 

If you are a new visitor, please register and join in! To post your observations and charts, and snide, but good-natured, comments, click here to register. Be sure to respond to the confirmation email which is sent instantly. If not in your inbox, check your spam filter.  

Meanwhile,

Link to comment
Share on other sites

Today is my last day in Zadar. I have such mixed emotions. I have just fallen in love with this place in the two stints I've lived here, totaling 12 of the past 18 months. I will miss it.

But at the same time, I'm excited to see Ljubljana, Lake Bled, Bratislava, Vienna, Krakow, and Auschwitz--with a degree of dread, of course--on my way to Warsaw for a month. That will be my base for my ancestral research. I will visit the hometowns and birthplaces of my maternal grandparents, and look for evidence of earlier ancestors and possibly cousins who stayed behind and perished at the hands of the Nazis. 

Towards the end of summer into mid September, I'm planning a swing through southern Poland, Czechia, Germany, and the northern Polish seacoast. The trip as planned so far will include Zakopane a resort town in the southern mountains, where my friend has a condo, then Prague, Nuremburg, Leipzig, Dresden, Wroclaw (pronounced Vroetzwaf!), then north to the Baltic coast to the Tri-cities of Gdansk (pronounced Gdoinsk sort of😁), Gdynia, and Sopot.

It's an ambitious itinerary, but I love the nomadic lifestyle of exploration and discovery. 

I'll take a little break from regular publishing over the this Fourth of July weekend, but expect to maintain a fairly regular schedule other than that. The great thing about living in Europe, while serving an American market, is the 30 hour days. So I have time for both work and play. Just not for sleep. 😄 

If you're interested, you can follow my photos at https://www.instagram.com/200daysineurope/

  • Upvote 1
Link to comment
Share on other sites

Guest
This topic is now closed to further replies.
 Share

  • Tell a friend

    Love Stool Pigeons Wire Message Board? Tell a friend!
  • Recently Browsing   0 members

    No registered users viewing this page.

  • ×
    • Create New...