I look for a candlestick trigger such as a doji, which you had
on Monday and would have triggered short on Tuesday if one was
using a daily chart. However if one zoomed down to a 2hr or 1
hr chart, you had a perfect black candle doji to trigger a really
tight short off, see images
Ok so you're looking at this as more of a "pinch" than a bullish
"cross". I'm actually looking at it for a long trigger,
not short. Sorry I should have clarified.
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Matt/Steve - The 9 EMA
Posted by shecar on 12th of Jun 2019 at 05:04 pm
Matt/Steve - The 9 EMA on the daily SPX ribbon just barely crossed above, is this a binary signal or what exactly do you need to see for confirmation?
I look for a candlestick
Posted by matt on 12th of Jun 2019 at 10:14 pm
I look for a candlestick trigger such as a doji, which you had on Monday and would have triggered short on Tuesday if one was using a daily chart. However if one zoomed down to a 2hr or 1 hr chart, you had a perfect black candle doji to trigger a really tight short off, see images
Ok so you're looking at
Posted by shecar on 13th of Jun 2019 at 12:20 pm
Ok so you're looking at this as more of a "pinch" than a bullish "cross". I'm actually looking at it for a long trigger, not short. Sorry I should have clarified.