Matt: If you get time tonight, could you please take a
look at the On Balance Volume for the Nasdaq? Or the ROC or
RSI. It may be declining. Do see any divergence in the
weekly or daily charts?
It seems to me that whenever I start to make this much money,
something often happens to upset my apple cart (or Nasdaq cart as I
have most of my IRA in Nasdaq - but I keep it there for a
longer term trade and don't worry about a day or several days
down)
So far both the daily and 60 Minute Renko NDX charts
look good. THANKS, FinaM
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On Balance Volume
Posted by finam on 13th of May 2008 at 12:55 am
Matt: If you get time tonight, could you please take a look at the On Balance Volume for the Nasdaq? Or the ROC or RSI. It may be declining. Do see any divergence in the weekly or daily charts?
It seems to me that whenever I start to make this much money, something often happens to upset my apple cart (or Nasdaq cart as I have most of my IRA in Nasdaq - but I keep it there for a longer term trade and don't worry about a day or several days down)
So far both the daily and 60 Minute Renko NDX charts look good. THANKS, FinaM