uempel wrote:
The best ellipses are those with many points of contact, preferably important points of contact. The ellipse then shows actio/reactio on the surface of the ellipse. As soon as if breaks out of that area there is a strong move...
The theoretical basis is Newton's 3rd mechanical law. Some guys might think this is over the edge, but actually it's hardly different than a regular TA channel - difference is that it's not reduced to the y-axis (as in a regular channel), but for the x-axis too...
By the way, my drawing of the green ellipse was skewed..
90.png
Hi uempel!
How do you decide where to center the red one. (I can see the height but not sure how you centered at 2pm of the 18th)?
-- only if is not a secret
Educational only and not trading advice (EO&NTA) Good trading to all
revisit the day high, key time. moment of truth I think.
Attachments
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
a little bigger picture, again since this is the 2nd try on the high, so no failure allowed for bulls.
Attachments
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Yes, Boss VIXIES are with Bulls, but hasn't been able to push up the market only stopping it from falling!
I am disappointed that bulls chose the Qs instead of the smalls ….I do not like the divergence btwn IWM price and the RVX (see pink)
Note: inverted VIX panel, 5min, pierced bolinger, that’s usually as good an excuse as any for a bounce…(see green)
Also top panel there is not enough power for bears yet
919vixens.png
Me too.
Also took a position in SSO which is doing better than Small Caps.
Check out BAC, It is been pretty strong since opening
Above is provided for informational purposes only and shouldn't be considered an investment advice or recommendation to buy or sell anything.
Boss this is one of my faves
Can u stack it with inverted VXN and inverted RVX and straight XIV if u have time
(I can’t get stacked heinikens on stinkcharts.com) download/file.php?id=28614&mode=view
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
uempel wrote:
The best ellipses are those with many points of contact, preferably important points of contact. The ellipse then shows actio/reactio on the surface of the ellipse. As soon as if breaks out of that area there is a strong move...
The theoretical basis is Newton's 3rd mechanical law. Some guys might think this is over the edge, but actually it's hardly different than a regular TA channel - difference is that it's not reduced to the y-axis (as in a regular channel), but for the x-axis too...
By the way, my drawing of the green ellipse was skewed..
The attachment 90.png is no longer available
Hi uempel!
How do you decide where to center the red one. (I can see the height but not sure how you centered at 2pm of the 18th)?
-- only if is not a secret
No big secret - but copyright belongs to Isaac and me
Cobra wrote:revisit the day high, key time. moment of truth I think.
Are you looking for a lower high and it not making it to the days high?
Tks
yes, it's possible.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Claire wrote:uempel - for how long does the cit signal last? 'til the next signal?
I never discovered a rule. But the signals on the 1 min are less important that those on the 5 min, those on the 60 min less important than those on the daily. And note that the moves can be quite miniscule...
Boss this is one of my faves
Can u stack it with inverted VXN and inverted RVX and straight XIV if u have time
(I can’t get stacked heinikens on stinkcharts.com) download/file.php?id=28614&mode=view
they are always on top screen.
Attachments
My comments are for entertainment/educational purpose only. NOT a trade advice.
not sure if we'll see lower high anymore. 50 to 50. I'm neutral.
Attachments
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
again, I mean moment of truth, both bears and bulls have chances here.
Attachments
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
What a boring day, I am still stuck on last sell the ding. no buy tick or ding I can find so......sell on I guess, if the market is like this tomorrow, I am taking time off.
My comments are for entertainment/educational purpose only. NOT a trade advice.