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 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
$$ rotate into other sectors like the Dow, XLF, RuT, Spx
The CC video you mentioned mentioned a recycled daily 13 in Nov
13. He didn't show month 4 when the market crashed in Feb 2020.
"In the know trader" utubes videos every Tuesday give a better
view of TDMS. It is also in TOS, but TOS has errors in its
coding.
Hey Elliotw - From watching
TDMS, the Tom Demark Seq system will print a weekly ...
Posted by z0ned on 30th of Aug 2020 at 02:39 pm
Hey Elliotw - From watching the Ciovacco Capital video posted by someone else I thought that this 13 signal was "recycled" meaning that the trend remains bullish. Do you have any insight on this? Thanks.
Hi Zoned, it is recycled
Posted by elliotw on 31st of Aug 2020 at 06:45 am
Hi Zoned, it is recycled on the daily spx. The weekly qqq are nearing the 13 sell. This is not a short signal. It is just an other factor to take into account like bearish technical and breadth divergences. ie to be on the look out for a trend change and to tighten up stops. SMH had a weekly 13 sell the week prior to the Feb/March dump.
The qqq may pull back or may go sidesways for a while, as $$ 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.