SGEN Chart

    Posted by timebandit on 25th of Jun 2022 at 02:13 pm
    Title: SGEN Chart

    yes I have the inverse

    Posted by matt on 26th of Jun 2022 at 03:32 pm

    yes I have the inverse scan for shorts for the CCI setup - however I'll point out that the shorts do not work out as wel as the longs. They do work but you have to be much picker. 

    Trade lows and highs are different, where bottoms can be one one candle, topping is more of a process -the emotion of fear on the downside and greed on the upside is different.  For the shorts you will want to see negative divergence on a 60 min chart and probably a pattern like a wedge or something - you want to be pickier than the oversold washout CCI long setups

    Thanks for that advice. I

    Posted by timebandit on 26th of Jun 2022 at 03:42 pm

    Thanks for that advice. I was thinking I would run the scans and track the interesting charts to gain experience before using it is an actual trading tool. 

    Note that a number of energy names came up when I ran your Bungee scan today: BOIL, UNG, CVX, BRY, MUR, PDCE, and SJT.

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