maybe if price closes below the middle BB on the monthly
chart
again in the past every time that occurred you always got an
oversold bounce for at least a week or a few after because when a
monthly goes on a sell, the daily and weekly charts are too
extended and due for a snapback. Also the BPT MA is much
slower on sell signals.
again have to use common sense with that stuff
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
the 401k long term paint dry system
Posted by tsurplus on 21st of Aug 2015 at 01:29 pm
Matt, Just out of curiosity, would this system be close to switching to a sell?
maybe if price closes below
Posted by matt on 21st of Aug 2015 at 01:39 pm
maybe if price closes below the middle BB on the monthly chart
again in the past every time that occurred you always got an oversold bounce for at least a week or a few after because when a monthly goes on a sell, the daily and weekly charts are too extended and due for a snapback. Also the BPT MA is much slower on sell signals.
again have to use common sense with that stuff