it does but better for longs because of my discussion the other
day, bottoms and tops are different from a psychological stand
point, topping can be a long process whereas bottoms are more
emotional and over much faster. For tops you want to see
divergences on the MACD etc
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CCI follow up
Posted by matt on 12th of Jul 2018 at 11:09 am
$SPX - Chart Link - you can see that CCI #2 buy setup occurred yesterday when the CCI spiked to -300 then pushed higher for the divergence.
$SPX - Chart Link - remember I first showed this on the daily SPX.
again good example of that super low risk long setup on both a daily and 30 min
Does it work on shorts?
Posted by cuqui69 on 12th of Jul 2018 at 12:33 pm
Does it work on shorts?
it does but better for
Posted by matt on 12th of Jul 2018 at 02:29 pm
it does but better for longs because of my discussion the other day, bottoms and tops are different from a psychological stand point, topping can be a long process whereas bottoms are more emotional and over much faster. For tops you want to see divergences on the MACD etc