Posted by timebandit on 21st of Jan 2022 at 08:52 am
You're lucky I kept it:
TRIN Chart. I created another chart to do this research because I
didn't want to save over the settings of the chart I review each
night, and I almost deleted it over the weekend. I guess I'm lucky,
too, because when I generated the look below, I found two other V
bottoms in 2009 I had overlooked last week. Those signaled selloffs
as well, both a couple days long I think. So this signal is 12 for
12 counting Friday's occurrence. This look also made me think I
need to zoom in and examine what happens when 10 dma of TRIN hits
extreme highs.
Posted by mitchell on 17th of Aug 2022 at 09:38 pm
Timebandit - Whats your take on $TRIN indicator reaching
lows...implies market top...? Lots of contradicting indicator
signals out there, which makes this market treacherous.
Posted by timebandit on 18th of Aug 2022 at 07:26 pm
Ok, mitchell, it's getting pretty extreme. Not a perfect timing
mechanism, if you look back at earlier occurences at this level.
But definitely could be close to a strong move. My guess
would be down, but it's just a guess
Posted by timebandit on 17th of Aug 2022 at 09:46 pm
Man, I’ve been looking at that and haven’t been able to draw
anything conclusions. That indicator is funky. It’s not at an
extreme, which was where it was when I made that original post and
was able to compare it to other occurrences. Tell me if you’ve been
able to figure it out.
Do you mind providing chart
On Friday, the 10 day moving average of $TRIN closed ...
Posted by mitchell on 20th of Jan 2022 at 10:24 pm
Do you mind providing chart link showing 12x? Thanks.
You're lucky I kept it:
Posted by timebandit on 21st of Jan 2022 at 08:52 am
You're lucky I kept it: TRIN Chart . I created another chart to do this research because I didn't want to save over the settings of the chart I review each night, and I almost deleted it over the weekend. I guess I'm lucky, too, because when I generated the look below, I found two other V bottoms in 2009 I had overlooked last week. Those signaled selloffs as well, both a couple days long I think. So this signal is 12 for 12 counting Friday's occurrence. This look also made me think I need to zoom in and examine what happens when 10 dma of TRIN hits extreme highs.
Timebandit - Whats your take
Posted by mitchell on 17th of Aug 2022 at 09:38 pm
Timebandit - Whats your take on $TRIN indicator reaching lows...implies market top...? Lots of contradicting indicator signals out there, which makes this market treacherous.
Ok, mitchell, it's getting pretty
Posted by timebandit on 18th of Aug 2022 at 07:26 pm
Ok, mitchell, it's getting pretty extreme. Not a perfect timing mechanism, if you look back at earlier occurences at this level. But definitely could be close to a strong move. My guess would be down, but it's just a guess
$TRIN chart
Man, I’ve been looking at
Posted by timebandit on 17th of Aug 2022 at 09:46 pm
Man, I’ve been looking at that and haven’t been able to draw anything conclusions. That indicator is funky. It’s not at an extreme, which was where it was when I made that original post and was able to compare it to other occurrences. Tell me if you’ve been able to figure it out.
Not one I use but
Posted by mitchell on 17th of Aug 2022 at 09:54 pm
Not one I use but glanced at it today as I scan indicators...seems to indicate near ST top similar to early 2022, but not conclusive as you mention.
At first glance seems some
Posted by mitchell on 21st of Jan 2022 at 09:29 am
At first glance seems some of these also occurred during lows. Not sure if I can make a conclusion.