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?
Haha. I was following you
Guess in this environment DeMark 9's and 13's are totally ...
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...