TDMS, the Tom Demark Seq

    Posted by elliotw on 30th of Aug 2020 at 02:16 am

    TDMS, the Tom Demark Seq system will print a weekly aggressive 13 sell on the qqq at the end of next week and a 9 weekly sell on the spx   May create a pause in the market or pull back. with the current divergences and very extended market wouldn't be surprised if the weekly 13 sell on the qqq plays out for a pull back

    Hey Elliotw - From watching

    Posted by z0ned on 30th of Aug 2020 at 02:39 pm

    Hey Elliotw - From watching the Ciovacco Capital video posted by someone else I thought that this 13 signal was "recycled" meaning that the trend remains bullish.   Do you have any insight on this?  Thanks.   

    Hi Zoned, it is recycled

    Posted by elliotw on 31st of Aug 2020 at 06:45 am

    Hi Zoned, it is recycled on the daily spx.   The weekly qqq are nearing the 13 sell.  This is not a short signal. It is just an other factor to take into account like bearish technical and breadth divergences.  ie to be on the look out for a trend change and to tighten up stops.  SMH had a weekly 13 sell the week prior to the Feb/March dump.

      The qqq may pull back or may go sidesways for a while, as $$ rotate into other sectors like the Dow, XLF, RuT, Spx

    The CC video you mentioned mentioned a recycled daily 13 in Nov 13. He didn't show month 4 when the market crashed in Feb 2020.

    "In the know trader" utubes videos every Tuesday give a better view of TDMS.  It is also in TOS, but TOS has errors in its coding.

    Thanks for taking the time

    Posted by z0ned on 31st of Aug 2020 at 09:51 am

    Thanks for taking the time to reply Elliotw!

    Just M.O. But you can

    Posted by brophy on 30th of Aug 2020 at 06:29 pm

    Just M.O. But you can still remain bullish and have a pullback within the uptrend. That's how I am reading the 9,13 signals.

    again I suggest just keeping

    Posted by matt on 30th of Aug 2020 at 06:54 pm

    again I suggest just keeping it simple stupid, KISS.  

    https://youtu.be/K_kPMBuBUVI

    Posted by steverobin on 30th of Aug 2020 at 05:53 am

    https://youtu.be/K_kPMBuBUVI

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!