technically today would be #4 for the NYMO - but only #2 for the
NAMO.
the NYMO is a bit weird because it was up on Thur and just
barely still closed below the lower Bollinger Band. It could easily
have closed above it and you would have only 2 counting today, so
to me it's a bit of an odd ball
Posted by DigiNomad on 22nd of Aug 2022 at 03:54 pm
NYMO / NAMO - welp, this conversation coaxed me out of my 100%
short positioning. Haha. Now I'm only about 75% short. Here's the
trade I just put on (not adjusted for size). I like the
technical levels implied by this also, or I wouldn't have done the
trade.
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5 is the most I've
I guess the market didn't care if the NYMO and ...
Posted by matt on 22nd of Aug 2022 at 03:25 pm
5 is the most I've seen, 3 and 4 are about as many as you typically get. There was one 5 in 13 years
Tryibg to keep up so
Posted by fredsaid on 22nd of Aug 2022 at 03:38 pm
Tryibg to keep up so today will be 3 and 4 right ?
technically today would be #4
Posted by matt on 22nd of Aug 2022 at 03:40 pm
technically today would be #4 for the NYMO - but only #2 for the NAMO.
the NYMO is a bit weird because it was up on Thur and just barely still closed below the lower Bollinger Band. It could easily have closed above it and you would have only 2 counting today, so to me it's a bit of an odd ball
NYMO / NAMO - welp,
Posted by DigiNomad on 22nd of Aug 2022 at 03:54 pm
NYMO / NAMO - welp, this conversation coaxed me out of my 100% short positioning. Haha. Now I'm only about 75% short. Here's the trade I just put on (not adjusted for size). I like the technical levels implied by this also, or I wouldn't have done the trade.