Sto short signal in downtrend

    Posted by windyjazz on 29th of Apr 2016 at 11:47 am

    I am thinking Matt's sto buy signal in a uptrend may have a inverse signal in a downtrend on the chart  ( 5 min SPX ) notice red arrow on sto 10 overbought while sto 60 has been below 20 since yesterday afternoons initial dump. Todays first low at 2060 was divergent via RSI and bounced to 2069 where the overbought sto 10 gave an excellent short signal.

     

    VERY nice windyjazz!  I didn't

    Posted by matt on 29th of Apr 2016 at 11:58 am

    VERY nice windyjazz!  I didn't see your post until zitron responded.  Nice seeing you guys utilize that tool I gave you.

    zitron - yeah need a reliable indicator like that,

    funny side story - my wife was angry at me a while back for something I didn't do right or have the reaction she wanted, she told her sister about it - her sister told her, maybe you should just tell Matt what you want instead of hoping he figures it out  Laughing

    Novel concept!

    Posted by disciple33 on 29th of Apr 2016 at 12:02 pm

    If only our relationships with our spouses worked that way!

    Posted by zitron on 29th of Apr 2016 at 11:53 am

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