range bounded, so I cannot see this pullback should be 2 legged. basically I have no clue about this market.
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If u look at daily SPY with a default bolinger on it
This is the first time since ……….long time…….. that the bb is starting to compress
Not tight enough (?) yet………….but still worth noting/watching……..
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Al_Dente wrote:If u look at daily SPY with a default bolinger on it
This is the first time since ……….long time…….. that the bb is starting to compress
Not tight enough (?) yet………….but still worth noting/watching……..
I used .5 deviation here. this is bearish.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
What a mess, now my intraday MACD hist. is turning bearish, sell the rips that is.....a selling next one to come, I hope for 4th time is a charm for bears.
Last edited by BullBear52x on Wed Sep 05, 2012 2:11 pm, edited 1 time in total.
My comments are for entertainment/educational purpose only. NOT a trade advice.
Al_Dente wrote:If u look at daily SPY with a default bolinger on it
This is the first time since ……….long time…….. that the bb is starting to compress
Not tight enough (?) yet………….but still worth noting/watching……..
I used .5 deviation here. this is bearish.
Explain green blue red for the benefit of ……aaaaaaaaaaa……..u know……. newbies ………..
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Al_Dente wrote:If u look at daily SPY with a default bolinger on it
This is the first time since ……….long time…….. that the bb is starting to compress
Not tight enough (?) yet………….but still worth noting/watching……..
I used .5 deviation here. this is bearish.
Explain green blue red for the benefit of ……aaaaaaaaaaa……..u know……. newbies ………..
simple standard deviation, upper is +.5 lower is -.5 ........newbies? you make me laught
My comments are for entertainment/educational purpose only. NOT a trade advice.
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
if you like digging deep into vix and contango, contact Rob Hanna at quantifiabledges.com, he has frequent webinars on that topic and millions of data points for his quant studies, GL
MrMiyagi wrote:If Transports (TRAN) bounces again from here like it did yesterday then I will start with SPX 1800 posts.
PPT missed the memo, they thought it said XLM and XLV will lead the healthy rally up.....keizai was looking at some of those components late in the weekend post...GL...