as for the market just like I said last night, it looks very
choppy and needed consolidation. Also noted that it was difficult
to find objective long setups on my scanners last night
updated Tick extreme chart, you can see how when price lost
those tick extreme levels earlier it opened up the door for a big
move down to the next one, where price tested and bounced
initially.
I've found the average move when you break one of these Tick
levels is 15 - 20 SPX points
Posted by jtsurfah on 23rd of Mar 2021 at 02:08 pm
Dollar up strongly despite all indications that Yellen &
Powell are willing to continue to dilute it's value / increase the
supply are a record setting clip. The said, I've lost faith in
trying to use the DXY or UUP to track devaluation since they are
more comparisons of one fiat currency against other fiat currencies
- almost all of which are engaging in the same practices.
It's interesting to see Yellen in a role where it's
appropriate that she is partisan. Can look back now and realize
that some people's fears about her policies back in her Fed days
were not completely unfounded.
as for the market just
Market comments
Posted by matt on 23rd of Mar 2021 at 12:07 pm
as for the market just like I said last night, it looks very choppy and needed consolidation. Also noted that it was difficult to find objective long setups on my scanners last night
price back testing those Tick
Posted by matt on 23rd of Mar 2021 at 02:50 pm
price back testing those Tick extreme levels again
updated Tick extreme chart, you
Posted by matt on 23rd of Mar 2021 at 03:30 pm
updated Tick extreme chart, you can see how when price lost those tick extreme levels earlier it opened up the door for a big move down to the next one, where price tested and bounced initially.
I've found the average move when you break one of these Tick levels is 15 - 20 SPX points
updated TICK extreme's chart -
Posted by matt on 24th of Mar 2021 at 10:47 am
updated TICK extreme's chart - again best to just view that on Zoom in real time
CLICK HERE to view the live charts
price sliced right through it,
Posted by matt on 23rd of Mar 2021 at 02:57 pm
price sliced right through it, not surprised, it had tested it too many times, weakened it
Bonnie and Clyde about to
Posted by matt on 23rd of Mar 2021 at 12:18 pm
Bonnie and Clyde about to start talking i.e. Yellen and Powell, we'll see if they have any effect on the market
Dollar up strongly despite all
Posted by jtsurfah on 23rd of Mar 2021 at 02:08 pm
Dollar up strongly despite all indications that Yellen & Powell are willing to continue to dilute it's value / increase the supply are a record setting clip. The said, I've lost faith in trying to use the DXY or UUP to track devaluation since they are more comparisons of one fiat currency against other fiat currencies - almost all of which are engaging in the same practices. It's interesting to see Yellen in a role where it's appropriate that she is partisan. Can look back now and realize that some people's fears about her policies back in her Fed days were not completely unfounded.
Tommy Guns optional...
Posted by timebandit on 23rd of Mar 2021 at 12:21 pm
Tommy Guns optional...