yes generally when the 60 period stochastics on the 5 min chart
has been buried all day below 20%, it usually pops above it the
next day, unless a crash occurs, but that's generally what happens,
it plays out the next day. The same is true if 60 period
stochastics stays above 80% all day on the 5 min.
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Guess not. We shld see lower
I'll betcha big Pos divergences comin if
Posted by rick33 on 1st of Jun 2011 at 04:30 pm
Guess not.
We shld see lower prices tomorrow.
that was my point rick,
Posted by perthx on 1st of Jun 2011 at 04:34 pm
we get a lower low first, watch them 60 period stos on the 5 min and the 144 on the 15 min charts.
yes generally when the 60
Posted by matt on 1st of Jun 2011 at 05:05 pm
yes generally when the 60 period stochastics on the 5 min chart has been buried all day below 20%, it usually pops above it the next day, unless a crash occurs, but that's generally what happens, it plays out the next day. The same is true if 60 period stochastics stays above 80% all day on the 5 min.