elliotw does a good job at saving our charts, which you guys
should do as well, that's one of mine with a ton of those
indicators one one chart, that I probably haven't shown for a year
or more at least.
Yes I save your brilliant breadth charts in a folder and review
weekly and some Martin Pring charts on stockcharts .com blogs
Watching for a third day close below. Bb for nymo.
Last time you pointed this out there was a strong rally.
Maybe worth a close mth call option if nymo. Name closes 3
times down under bb
Yes both the NAMO and NYMO currently have closed two consecutive
days below their lower BB's, if we got a 3rd on Monday that would
be super high probable for a trade
based on the NYMO and NAMO closing below their lower Bollinger
Bands for 2 consecutive days, it would also not surprise me if we
got a 3rd day, which would require another down day in the market.
many times 2 days turn into 3, and that would be a better long. The
15 min, 30, 60 min time frames on the indexes do not have good
bottoms, a bounce then another retest of the lows or new lows would
honestly make for a better low
Thanks for sharing this informational
https://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=8&dy=0&id=p80448320894&listNum=48&a=611911791
Posted by winter39 on 2nd of Aug 2019 at 07:20 pm
Thanks for sharing this informational chart.
elliotw does a good job
Posted by matt on 2nd of Aug 2019 at 07:21 pm
elliotw does a good job at saving our charts, which you guys should do as well, that's one of mine with a ton of those indicators one one chart, that I probably haven't shown for a year or more at least.
Yes I save your brilliant
Posted by elliotw on 2nd of Aug 2019 at 08:37 pm
Yes I save your brilliant breadth charts in a folder and review weekly and some Martin Pring charts on stockcharts .com blogs Watching for a third day close below. Bb for nymo. Last time you pointed this out there was a strong rally. Maybe worth a close mth call option if nymo. Name closes 3 times down under bb
Here's the stats from March
Posted by matt on 2nd of Aug 2019 at 08:39 pm
Here's the stats from March on that
https://breakpointtrades.com/blog/post/301996/
Yes both the NAMO and NYMO currently have closed two consecutive days below their lower BB's, if we got a 3rd on Monday that would be super high probable for a trade
based on the NYMO and
Posted by matt on 4th of Aug 2019 at 01:06 pm
based on the NYMO and NAMO closing below their lower Bollinger Bands for 2 consecutive days, it would also not surprise me if we got a 3rd day, which would require another down day in the market. many times 2 days turn into 3, and that would be a better long. The 15 min, 30, 60 min time frames on the indexes do not have good bottoms, a bounce then another retest of the lows or new lows would honestly make for a better low
With the high probability could
Posted by elliotw on 2nd of Aug 2019 at 09:06 pm
With the high probability could do a sept out of the money call to increase leverage. Say a 296 sept call