Turtle Soup Sell (TSS) on the weekly if closes below 63.42.
TSS: A close (Friday 6/1) below previous 20 WEEK highs (63.42) after making new 20 WEEK highs (the higher the better) sets up a TSS, powerful short term reversal on the WEEKLY chart. Set up is invalid above previous 20w highs (63.42) - often fluctuation at those levels. Set and trail stops accordingly
Projection - previous swing lows
i don't know what the green triangle is or how to get rid of it
TSS: A close (Friday 6/1) below previous 20 WEEK highs (63.42) after making new 20 WEEK highs (the higher the better) sets up a TSS, powerful short term reversal on the WEEKLY chart. Set up is invalid above previous 20w highs (63.42) - often fluctuation at those levels. Set and trail stops accordingly
Projection - previous swing lows
i don't know what the green triangle is or how to get rid of it
I posted this on 30 May. The set up applies if MU closes below 63.42 Friday, 1 June. The Turtle Soup Sell <63.42 is valid going forward.