Steve and I been commenting on how wide that MA ribbon and BPT
MA Deluxe was on the daily QQQ and SPX last week, when it gets too
wide you get reversion to mean action
On the 195 min charts, the ATR is now support, still room
on the 130 min charts - notice we have a 3 wave pattern, note
the 3 color change on the BPT MA Deluxe (Red, Green, Red), another
green would signal a completion of that abc 3 wave
KISS charts SPX and QQQ
Posted by matt on 9th of Feb 2023 at 04:04 pm
Steve and I been commenting on how wide that MA ribbon and BPT MA Deluxe was on the daily QQQ and SPX last week, when it gets too wide you get reversion to mean action
On the 195 min charts, the ATR is now support, still room
on the 130 min charts - notice we have a 3 wave pattern, note the 3 color change on the BPT MA Deluxe (Red, Green, Red), another green would signal a completion of that abc 3 wave
Hi Matt, could you please
Posted by junkie on 9th of Feb 2023 at 04:08 pm
Hi Matt, could you please quantify "how wide that MA ribbon was " when you get a chance? Thanks in advance!