Posted by mastermind on 14th of Feb 2023 at 03:53 pm
You do realize that those Demark signals go away once there is a
big enough pullback from those levels, right? Someone can correct
me if I'm wrong, but I don't think that those are necessarily
supposed to represent future resistance levels.
You do realize that those
Professional Opinion RequestEveryone here has been doing this longer than ...
Posted by mastermind on 14th of Feb 2023 at 03:53 pm
You do realize that those Demark signals go away once there is a big enough pullback from those levels, right? Someone can correct me if I'm wrong, but I don't think that those are necessarily supposed to represent future resistance levels.
It does. A TDST resistance
Posted by kevindeng0727 on 14th of Feb 2023 at 04:07 pm
It does. A TDST resistance was created on that "9" so a break out through that level will start the trend (same idea as traditional TA).
TDST. ? stands for what
Posted by watcdy on 14th of Feb 2023 at 04:11 pm
TDST. ? stands for what please ?
https://www.litefinance.org/blog/for-professionals/technical-analysis-tool-by-tom-demark-td-sequential/ Basically a range was formed
Posted by kevindeng0727 on 14th of Feb 2023 at 04:19 pm
https://www.litefinance.org/blog/for-professionals/technical-analysis-tool-by-tom-demark-td-sequential/
Basically a range was formed from initiation to end of that 9 set up. SPX needs to break 4211 TDST resistance in this case.
once they are set they
Posted by matt on 14th of Feb 2023 at 03:58 pm
once they are set they stay - if the bar isn't closed it may go away.