WOW - Chart Link the CCI recently fell to
below -300 and proceeded to forma positive divergence as
price went lower - with yesterday's doji candle, a trigger long is
1 penny over the doji with a stop at the low
Matt, This is fantastic. These are my kind of trades, I only use
sectors and indexes. Combining this with the CCI divergence for
reversion to mean captures rotations very well. Toss in the Demark
9 and risk reward goes up tremendously.
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CCI bungie bounce setup
Posted by matt on 24th of Jun 2022 at 09:44 am
WOW - Chart Link the CCI recently fell to below -300 and proceeded to forma positive divergence as price went lower - with yesterday's doji candle, a trigger long is 1 penny over the doji with a stop at the low
targets are the 5 EMA and 9 EMA
WOW Weekly not bad looking
Posted by mla127 on 24th of Jun 2022 at 10:00 am
WOW Weekly not bad looking to for a bounce
this page shows a bunch
Posted by matt on 24th of Jun 2022 at 09:45 am
this page shows a bunch of examples of that CCI divergence bungie setup
https://breakpointtrades.com/education/legacy/?nl_id=3283
I have a scan for these - but I get lazy and don't run it every day
does the "wide" MACD indicator
Posted by simple_million on 24th of Jun 2022 at 10:09 am
does the "wide" MACD indicator mean you're putting bollinger bands around MACD and seeing if its overextended?
Matt, This is fantastic. These
Posted by fundamentalvalues on 24th of Jun 2022 at 09:57 am
Matt, This is fantastic. These are my kind of trades, I only use sectors and indexes. Combining this with the CCI divergence for reversion to mean captures rotations very well. Toss in the Demark 9 and risk reward goes up tremendously.