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Hold That Line 10/27/21

This is a syndicated repost published with the permission of Stool Pigeons Wire at Capitalstool.com. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

YAC!

Yet another consolidation on the way up. The 5 day cycle turned down, but the projection is only 4565, already done. I’m not hoping for much more on the downside here because the RULE of MTA (Modern Technical Analcystics) says: All patterns are bullish.

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They’ve established new sport at 4565. Unless that’s broken, I have to assume that the next target is 4608.

This is just the intraday look. For more:

Stocks Look Ready for Another Liftoff

More Sells Than Buys in Screen, But I Added Two Buys This Week

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