Happy 618!!!I haven't posted any TA on AMC in a while, It has been peaceful. Can you believe it, tomorrow Feb 10th 23' will be 618 days since ATH's. These low volume days really hurt but the fact that there is nothing backing such a move, just a result of derivatives and degens pissing away premiums.
These are a the current support and resistance i'm tracking. Nothing much just wanted to archive the day.
Hang in there!
There
S&P 500, looks extended but it's about to break outThe market broke through the last high but lots of bullish volume leaders in the stock market have yet to move up from their pullbacks. Large companies like Apple and Tesla took market cap but the smaller stocks that yield higher gains haven't moved. If you look at the RSI on this trend you can see that it hasn't gone up nearly what you'd expect it to for the prolonged rise in the market. I think it's going to keep rising and it's going to close the gap on the 30 week moving average sideways instead of dropping on it. Go ahead and look at the SPGI, it has not broken through it's previous high yet and it's indicators are bullish. The global market will contribute on the rise of the S&P 500.
TRX End of Sept LongHi guys,
Had a look at the TRXBTC chart and (of course this is way too far into the future to tell) just using some trendlines and a harmonic pattern came up with 75 sats as the potential bottom for this, before it's big run up. I'll post the AB=CD Pattern shortly.
Not trading advice.