arun - the thing to note is that the 60 Stochastic never
confirmed above 50%. I don't care about a simple move above or
below 50%, it must be confirmed with a candlestick that takes
out the previous one - which they never confirmed when they were
slightly above 50%
SPX BEAR trap chart https://schrts.co/HmtCZcUp I see
Posted by arun on 12th of Feb 2022 at 07:30 am
SPX BEAR trap chart
https://schrts.co/HmtCZcUp
I see the 60 stochastics is turning down below 50 line...Does this mean more downside ?
QQQ link =looks worse than SPX
https://schrts.co/GweBuBnj
arun - the thing to
Posted by matt on 12th of Feb 2022 at 11:55 pm
arun - the thing to note is that the 60 Stochastic never confirmed above 50%. I don't care about a simple move above or below 50%, it must be confirmed with a candlestick that takes out the previous one - which they never confirmed when they were slightly above 50%
INDU only index to confirm
Posted by mitchell on 13th of Feb 2022 at 04:26 pm
INDU only index to confirm above 50%.
Yes … That’s a good
Posted by arun on 13th of Feb 2022 at 06:51 am
Yes … That’s a good point
We never got confirmation . I guess it pointing towards chop here