Posted by rmoore100 on 22nd of Feb 2024 at 01:28 pm
Perhaps I need to re-phrase.......in regards to determining some
sort of top ?? In trading view I'm seeing DeMark 9's
and 13's all over the place (130 minute 9 early this
morning.....hour chart some time ago 9 & 13....30 minute 9
recently......15 minute 9 recently
Posted by DigiNomad on 22nd of Feb 2024 at 01:34 pm
Haha. I was following you line of thought. If you search "demark
9" on this site and look for my posts about it, I've been saying
that rallies into 9's, 13's and A's have actually become decent buy
signals in the last few months. It's the hyper in hyper
inflation playing out on our charts. We're disconnected from
normal price movements (normal as determined by creators of many of
our indicators and patterns).
If Demark used a 2009 - 2024 data set only for his research
(QE era), we would likely have different numbers. Maybe 11 and 15
vs 9 & 13?
Guess in this environment DeMark
Posted by rmoore100 on 22nd of Feb 2024 at 01:17 pm
Guess in this environment DeMark 9's and 13's are totally meaningless ?
Not meaningless, they make for
Posted by DigiNomad on 22nd of Feb 2024 at 01:18 pm
Not meaningless, they make for decent buy signals at the beginning of pops...especially when paired with A's
Perhaps I need to re-phrase.......in
Posted by rmoore100 on 22nd of Feb 2024 at 01:28 pm
Perhaps I need to re-phrase.......in regards to determining some sort of top ?? In trading view I'm seeing DeMark 9's and 13's all over the place (130 minute 9 early this morning.....hour chart some time ago 9 & 13....30 minute 9 recently......15 minute 9 recently
Haha. I was following you
Posted by DigiNomad on 22nd of Feb 2024 at 01:34 pm
Haha. I was following you line of thought. If you search "demark 9" on this site and look for my posts about it, I've been saying that rallies into 9's, 13's and A's have actually become decent buy signals in the last few months. It's the hyper in hyper inflation playing out on our charts. We're disconnected from normal price movements (normal as determined by creators of many of our indicators and patterns).
If Demark used a 2009 - 2024 data set only for his research (QE era), we would likely have different numbers. Maybe 11 and 15 vs 9 & 13?
I get your point here.
Posted by rmoore100 on 22nd of Feb 2024 at 01:46 pm
I get your point here.
SPX (OANDA) 15m + AVWAP's
Posted by DigiNomad on 22nd of Feb 2024 at 01:56 pm
SPX (OANDA) 15m + AVWAP's - There have been A's along the way, but they dissapear when they get blown out. Widening the gap from VWAP...