Posted by frtaylor on 16th of Nov 2012 at 12:11 pm
Matt, I've got the 60, 89 and 144 stochastics all breaking above
20 simultaneously. Would you comment on this signal?
Seems like a pretty powerful one, considering volume is also
high on the SPY.
frtaylor- are you
referring to the 144, 89, and 60 crossing at the same time?
Yes those are something to take note of, I'm happy you
remember that too keep an eye on
Posted by frtaylor on 16th of Nov 2012 at 12:34 pm
thanks. Yeah, this could be a decent bounce. In the past
this indicator suite has marked intermediate bottoms. Any
sense of whether it's more or less likely to do so this time?
I have no way to judge, except I am bearish. Which
means it WILL be a bottom, lol!
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Matt - can you post/comment on stochastic indicator?
Posted by frtaylor on 16th of Nov 2012 at 12:11 pm
Matt, I've got the 60, 89 and 144 stochastics all breaking above 20 simultaneously. Would you comment on this signal? Seems like a pretty powerful one, considering volume is also high on the SPY.
Thanks,
Roger
On the 15-minute chart.
Posted by frtaylor on 16th of Nov 2012 at 12:15 pm
On the 15-minute chart.
frtaylor- are you referring to the
Posted by matt on 16th of Nov 2012 at 12:27 pm
frtaylor- are you referring to the 144, 89, and 60 crossing at the same time? Yes those are something to take note of, I'm happy you remember that too keep an eye on
thanks. Yeah, this could be
Posted by frtaylor on 16th of Nov 2012 at 12:34 pm
thanks. Yeah, this could be a decent bounce. In the past this indicator suite has marked intermediate bottoms. Any sense of whether it's more or less likely to do so this time? I have no way to judge, except I am bearish. Which means it WILL be a bottom, lol!