$namo back below bottom BB again. Starting the count as
the first day. Note Matt's stats to watch for potential 2nd or 3rd
consecutive days below bottom BB
In the event that the $namo (nasdaq) or $nymo (NYa SPX) close
below the bottom BB for 2 or 3 consecutive days, there is a higher
probability of a bounce in the indices for a few days. Sometimes it
can be a bottom. But not always. Matt/Steve have posted the stats
back in May and August
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$namo back below bottom BB
Posted by elliotw on 26th of Sep 2019 at 10:13 pm
$namo back below bottom BB again. Starting the count as the first day. Note Matt's stats to watch for potential 2nd or 3rd consecutive days below bottom BB
Thank you for posting this. Is
Posted by chluke on 27th of Sep 2019 at 07:42 am
Thank you for posting this.
Is this a "bottoming" pattern (SPX)?
In the event that the
Posted by elliotw on 27th of Sep 2019 at 08:55 am
In the event that the $namo (nasdaq) or $nymo (NYa SPX) close below the bottom BB for 2 or 3 consecutive days, there is a higher probability of a bounce in the indices for a few days. Sometimes it can be a bottom. But not always. Matt/Steve have posted the stats back in May and August