A's showing up on 60 min SPX and QQQ - will confirm at 12:30

    Posted by matt on 19th of Jan 2023 at 12:03 pm

    The 60 min bar has a potential A and a Demark 9 here on the 60 min. The A is covering over the 9 but it's there behind it. On these TS charts the hourly chart closes at 12:30, so it's not yet confirmed, needs another 30 min

    nice rally from that big

    Posted by matt on 19th of Jan 2023 at 02:31 pm

    nice rally from that big support, and also confirmed by the A's and 9's on the 60 min charts I posted a couple hrs ago

    https://breakpointtrades.com/blog/post/389010/ 

    Is there any way to

    Posted by fredsaid on 19th of Jan 2023 at 12:19 pm

    Is there any way to tell if it's Amature buying or selling or is the assumption that when it happens towards the end of a cycle it's just a reversal signal so in this case selling ?

    fredsaid, if you average all

    Posted by junkie on 19th of Jan 2023 at 02:00 pm

    fredsaid, if you average all buy orders and sell orders, you should be able to determine which side the low position side is on. On the indicators that I have seen, this is not shown. Matt might have coded his differently. The order and position size information is available from free market streams in ToS, etc.

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