Posted by shellson2 on 14th of Mar 2024 at 08:47 am
Thank you Matt. Diamonds are not always clear to me, what does
this particular configuration generally tell, in your opinion
based on the data we just received
no - there are bull diamonds and there are bear
diamonds.
generally there the top apex of the diamond is relative to the
bottom one tells you the bullish or bearish bias.
when the bottom apex is further to the right than the top on
(which that diamond below shows), it's bearish. When the top apex
is further the right than the bottom, it's bullish
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QQQ 60 min diamond
Posted by matt on 14th of Mar 2024 at 08:38 am
QQQ - Chart Link- here's that Diamond I mentioned in the newsletter
Thank you Matt. Diamonds are
Posted by shellson2 on 14th of Mar 2024 at 08:47 am
Thank you Matt. Diamonds are not always clear to me, what does this particular configuration generally tell, in your opinion based on the data we just received
no - there are bull Wondering if Diamond
Posted by srusso1 on 14th of Mar 2024 at 08:54 am
no - there are bull
Wondering if Diamond experts Matt and Steve agree with this ...
Posted by matton 22nd of Apr 2022 at 02:25 pm
no - there are bull diamonds and there are bear diamonds.
generally there the top apex of the diamond is relative to the bottom one tells you the bullish or bearish bias.
when the bottom apex is further to the right than the top on (which that diamond below shows), it's bearish. When the top apex is further the right than the bottom, it's bullish