Posted by timebandit on 6th of May 2022 at 09:02 am
I was out last night and didn’t get home until way too late to
listen to it, but I’ll be sure to catch up with it later.
I found myself putting on shorts yesterday afternoon because
setups were triggering that way, but I was thinking I might have to
endure some pain with a bounce this morning. That hasn’t showed up
yet
Cumulative $NYUD and $NAUD hit levels end of day that usually
don’t mark lows (though occasionally do). I’d post charts but I’m
on my phone.
It’s not a strong signn that the bounce on the unemployment
numbers couldn’t hold.
I’m seeing a number of charts like that etherium one Steve
posted, where price could drop down out of a bearish wedge
Posted by timebandit on 6th of May 2022 at 10:03 am
Here's the cumulative
$NYUD chartthat got my attention yesterday afternoon. If you go back,
you'll see that was an extremely low level. when it gets down in
that area, it tends to bounce like it is this morning then make a
divergent low that marks the price low. Not always, but gave me
confidence enough to trade what I was seeing in short setups
yes the breadth type indicators McClellan Oscilaltors have a
positive divergence with current price - they are no where near
their lows while the indexes area,
Newsletter- Great job
Posted by mkrmdz on 6th of May 2022 at 08:29 am
Newsletter- Great job
I was out last night
Posted by timebandit on 6th of May 2022 at 09:02 am
I was out last night and didn’t get home until way too late to listen to it, but I’ll be sure to catch up with it later.
I found myself putting on shorts yesterday afternoon because setups were triggering that way, but I was thinking I might have to endure some pain with a bounce this morning. That hasn’t showed up yet
Cumulative $NYUD and $NAUD hit levels end of day that usually don’t mark lows (though occasionally do). I’d post charts but I’m on my phone.
It’s not a strong signn that the bounce on the unemployment numbers couldn’t hold.
I’m seeing a number of charts like that etherium one Steve posted, where price could drop down out of a bearish wedge
Here's the cumulative $NYUD chart that
Posted by timebandit on 6th of May 2022 at 10:03 am
Here's the cumulative $NYUD chart that got my attention yesterday afternoon. If you go back, you'll see that was an extremely low level. when it gets down in that area, it tends to bounce like it is this morning then make a divergent low that marks the price low. Not always, but gave me confidence enough to trade what I was seeing in short setups
yes the breadth type indicators
Posted by matt on 6th of May 2022 at 10:18 am
yes the breadth type indicators McClellan Oscilaltors have a positive divergence with current price - they are no where near their lows while the indexes area,
for example - again I
Posted by matt on 6th of May 2022 at 10:19 am
for example - again I could post 10 of these
Oops, should have said "drop
Posted by timebandit on 6th of May 2022 at 09:27 am
Oops, should have said "drop down out of a bullish wedge"