$SPX - Chart Link - notice how the 60
Stochastic bounced off 80% on that last low while 14 Stochastic was
oversold, what's why I always note that condition and use the 60
length, also notice those pullbacks has reverse divergence in the
normal stochastic
OK...Now let's project again (as in: "project, monitor, and
adjust")In order to maintain reverse divergence illustrated in the
sto, an even lower trough would be required.
SPX 60 min
Posted by matt on 6th of Nov 2014 at 03:35 pm
$SPX - Chart Link - notice how the 60 Stochastic bounced off 80% on that last low while 14 Stochastic was oversold, what's why I always note that condition and use the 60 length, also notice those pullbacks has reverse divergence in the normal stochastic
now everything back to overbought again
OK...Now let's project again (as
Posted by swh13 on 6th of Nov 2014 at 04:13 pm
OK...Now let's project again (as in: "project, monitor, and adjust")In order to maintain reverse divergence illustrated in the sto, an even lower trough would be required.
Possible? probable?
Steve, Do you use these
Posted by renko777 on 6th of Nov 2014 at 03:50 pm
Steve, Do you use these settings mostly on the 60 minute charts?
Which settings Renko777?
Posted by steve on 6th of Nov 2014 at 04:09 pm
Which settings Renko777?