from Trading View, the dotted bands - it's really hard for price
to touch or get outside of those bands, not Bollinger Bands - the
indicator is called Nadaraya-Watson Envelope, it's free on Trading
View
price was outside these bands on daily, 2hr, 1hr. On the
15 min price is trying to find support at the support cycle.
so far today price bounced off that demand zone Steve posted on
15 min for now.
otherwise today IWM weak again and SPY is weak - we might need
to see more consolidation on this 4th wave before it's ready to go
up in the wave 5
QQQ
Posted by matt on 31st of May 2023 at 10:00 am
from Trading View, the dotted bands - it's really hard for price to touch or get outside of those bands, not Bollinger Bands - the indicator is called Nadaraya-Watson Envelope, it's free on Trading View
price was outside these bands on daily, 2hr, 1hr. On the 15 min price is trying to find support at the support cycle.
so far today price bounced off that demand zone Steve posted on 15 min for now.
otherwise today IWM weak again and SPY is weak - we might need to see more consolidation on this 4th wave before it's ready to go up in the wave 5
Matt, can you list the
Posted by rmoore100 on 31st of May 2023 at 12:13 pm
Matt, can you list the trading view link for these charts which includes that Nadaraya-Watson Envelope. Thanks !!!!!!!!!!
I did below but here
Posted by matt on 31st of May 2023 at 12:14 pm
I did below but here it is again, https://www.tradingview.com/chart/5U8uDGBj/
tradingview.com
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Interactive financial charts for analysis and generating trading ideas on TradingView!
Thanks Matt !!
Posted by rmoore100 on 31st of May 2023 at 03:01 pm
Thanks Matt !!