As of 01/27/2023
Indus: 33,978 +28.67 +0.1%
Trans: 14,483 +191.14 +1.3%
Utils: 968 +1.08 +0.1%
Nasdaq: 11,622 +109.30 +0.9%
S&P 500: 4,071 +10.13 +0.2%
|
YTD
+2.5%
+8.1%
+0.0%
+11.0%
+6.0%
|
34,900 or 33,150 by 02/01/2023
15,100 or 13,500 by 02/01/2023
1,040 or 950 by 02/01/2023
12,400 or 11,000 by 02/15/2023
4,100 or 3,800 by 02/01/2023
|
|
As of 01/27/2023
Indus: 33,978 +28.67 +0.1%
Trans: 14,483 +191.14 +1.3%
Utils: 968 +1.08 +0.1%
Nasdaq: 11,622 +109.30 +0.9%
S&P 500: 4,071 +10.13 +0.2%
|
YTD
+2.5%
+8.1%
+0.0%
+11.0%
+6.0%
|
34,900 or 33,150 by 02/01/2023
15,100 or 13,500 by 02/01/2023
1,040 or 950 by 02/01/2023
12,400 or 11,000 by 02/15/2023
4,100 or 3,800 by 02/01/2023
|
|
Bulkowski's Tribune (TRB) Quiz
Released 8/9/2022.
TRB: Quiz
Captions appear below the pictures for guidance, so be sure to scroll down far enough to read them.
1 / 4
This stock is about to tumble. How far will price drop? Identify support zones. (Weekly scale shown).
The answers are on the next slide.
2 / 4
The vertical green line separates coverage of this chart from the prior one.
The blue lines correspond to locations where the major price trend turned up after April 2004 (leaving a valley behind). The top blue line is an easy one because it lines up with prior peaks. The other
support zones are more obscure. I highlight peaks and valleys with red circles for your viewing pleasure.
More on the next slide.
3 / 4
Here's another chart. Price is about to decline. Find the support zones, the locations where price will pause or turn. (Weekly scale shown).
The next slide shows the results.
4 / 4
Again, I drew the lines using minor/major turning or pause points after the 2nd highest peak on the chart (vertical green line) and extended the horizontal lines to the left. Notice the massive
decline on the highest volume on the chart. That dead-cat bounce was from an earnings warning. Would you have sold a long holding by then?
The End.
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