at the morning lows we also had a Demark 13, those don't show of
that often. For Demark 9 and 13 are the important ones
On the daily charts you don't see 13's too often on sell offs,
if you do the market is extremely stretched - see this image of IWM
back in 2018 fall sell off
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updated view, moved up to
Follow up on inverse ETF's nice moves
Posted by matt on 25th of Mar 2021 at 12:29 pm
updated view, moved up to that next TICK level - over 20 SPX points if you bought that retest of the TICK lines.
as I've been saying when you break those levels you get 15 - 20 SPX points, pretty reliable.
anyway nice rebound off that trendlien support earlier at the lows
at the morning lows we
Posted by matt on 25th of Mar 2021 at 12:36 pm
at the morning lows we also had a Demark 13, those don't show of that often. For Demark 9 and 13 are the important ones
On the daily charts you don't see 13's too often on sell offs, if you do the market is extremely stretched - see this image of IWM back in 2018 fall sell off