As with any indicator I suggest you take the chart and look back
yourself. Like any of those indicators it works well much of the
time and gives a lot of false signals other times. Like any stand
alone indicator do not use it by itself, use with other confirming
and non comfirming evidence. I see plenty of times in the past
where it gave a sell at the market lows.
here's a chart link if you have
Stockcharts.commembership, you can
use the slider on the date range to look back at previous time
frames and zoom in
As with any indicator I
My favorite indicator is letting me sleep at night so ...
Posted by matt on 22nd of Sep 2020 at 10:39 am
As with any indicator I suggest you take the chart and look back yourself. Like any of those indicators it works well much of the time and gives a lot of false signals other times. Like any stand alone indicator do not use it by itself, use with other confirming and non comfirming evidence. I see plenty of times in the past where it gave a sell at the market lows.
here's a chart link if you have Stockcharts.commembership, you can use the slider on the date range to look back at previous time frames and zoom in
http://schrts.co/sbnZBVwj