When you get a moment to could you post an item on interpreting
the tick tool signals. This morning it showed: Fill 38%
Reverse 3% Breakdown 62%.
That to me seems like it is indicating only a 38% chance
of a gap fill. Obviously i'm interpreting it incorrectly,
because you say there was a good chance of a gap fill. So how
the heck do you read this thing?
So if I'm understanding the tick tool this morning, it is saying
we have a gap up of 2 points, we are not at an emotional extreme,
and with a 60% registering we will most certainly close that gap
today, is that correct, Matt?
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Cotton ETF
Posted by 2thguy on 1st of Aug 2016 at 02:02 pm
the ETF is BAL.
Market is Cratering
Posted by 2thguy on 23rd of Jun 2016 at 11:03 pm
Thanks SPY Pro for getting me out this morning!!
I took half off @10.25 and the other half @10.35 because it started bear wedging.
Monster move in SGY.
Posted by 2thguy on 22nd of Jun 2016 at 12:00 pm
SGY got that bear wedge look to it again on the 5 min.chart.
Posted by 2thguy on 22nd of Jun 2016 at 10:10 am
Monster move in SGY.
Posted by 2thguy on 22nd of Jun 2016 at 09:43 am
My best trade of the year. Thank you Steve and Matt.
SGY
Posted by 2thguy on 21st of Jun 2016 at 11:49 am
Took some SGY off the table. Looks like a bearish wedge forming on the 5min. chart.
Thanks for that SGY Matt and Steve!!!!
Posted by 2thguy on 21st of Jun 2016 at 10:08 am
It seems destined for about $13
TWTR
Posted by 2thguy on 24th of May 2016 at 09:50 am
TWTR breaking major support.
F
Posted by 2thguy on 12th of May 2016 at 11:05 am
Ford breaking down. Chart looks just like GM.
AAPL
Posted by 2thguy on 12th of May 2016 at 09:45 am
Breaking down!!
Call/Put ratio Maxed out
Posted by 2thguy on 17th of Mar 2016 at 06:02 pm
Usually the market drops after a reading like this
Has the renko system for
Highlights of the FOMC statement released March 16, 2016: - ...
Posted by 2thguy on 16th of Mar 2016 at 02:17 pm
Has the renko system for GDX flipped long off this move?
Thanks Zitron. 197-198 SPY for
spy pro system
Posted by 2thguy on 25th of Feb 2016 at 03:17 pm
Thanks Zitron. 197-198 SPY for second entry.
spy pro system
Posted by 2thguy on 25th of Feb 2016 at 02:46 pm
Steve or Matt,
At what closing level does SPY Pro take a second short entry?
BPT MA Deluxe
Posted by 2thguy on 14th of Jul 2015 at 10:19 am
BPT MA Deluxe went green yesterday at close.
Reading the tick tool
SPY 5 min and gap filled
Posted by 2thguy on 6th of Jul 2015 at 10:57 am
Matt...
When you get a moment to could you post an item on interpreting the tick tool signals. This morning it showed: Fill 38% Reverse 3% Breakdown 62%.
That to me seems like it is indicating only a 38% chance of a gap fill. Obviously i'm interpreting it incorrectly, because you say there was a good chance of a gap fill. So how the heck do you read this thing?
Again, your input is appreciated.
Tick Tool
Posted by 2thguy on 17th of Apr 2015 at 09:35 am
Good Morning Eveybody!!!
Matt, the Tick Tool says emotion top 8% price top 80%. Does that mean we will have a gap fill?
Tick Tool
Posted by 2thguy on 7th of Apr 2015 at 09:31 am
So if I'm understanding the tick tool this morning, it is saying we have a gap up of 2 points, we are not at an emotional extreme, and with a 60% registering we will most certainly close that gap today, is that correct, Matt?
Thanks Matt. Any other info
Tick tools
Posted by 2thguy on 6th of Apr 2015 at 10:41 am
Thanks Matt. Any other info regarding tick tool appreciated.
Tick Tool
Tick tools
Posted by 2thguy on 6th of Apr 2015 at 09:56 am
Hey Matt....
I've been watching the tick tool for the last few days. What are you looking at that indicates the odds of a gap fill?