Posted by johnny2012 on 3rd of Jun 2026 at 07:54 pm
Just symmetry for the drawing intersecting trendlines, but has
to have a quick move in the middle to create the diamond top
and bottom. I like to draw trend lines to watch moves and this one
just ended up a good diamond as i was drawing lines . This one has
lower volume on the left side of the diamond and volume increasing
on the right side drop. Had divergence at the top so in those areas
i look for patterns and draw trend lines to monitor.. Just like the
NQ chart from earlier.. Great move from when I suggested short from
the back test.
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SOXL Updated and adjusted trendlines.
Posted by johnny2012 on 3rd of Jun 2026 at 05:15 pm
SOXL Updated and adjusted trendlines. Approaching bottom trendline
Update. Poked through and bounced
Posted by johnny2012 on 3rd of Jun 2026 at 05:51 pm
Update. Poked through and bounced a little. Definitely valid trend lines.
What's the basis for how
Posted by mastermind on 3rd of Jun 2026 at 05:59 pm
What's the basis for how you draw the box? Purely symmetry?
Just symmetry for the drawing
Posted by johnny2012 on 3rd of Jun 2026 at 07:54 pm
Just symmetry for the drawing intersecting trendlines, but has to have a quick move in the middle to create the diamond top and bottom. I like to draw trend lines to watch moves and this one just ended up a good diamond as i was drawing lines . This one has lower volume on the left side of the diamond and volume increasing on the right side drop. Had divergence at the top so in those areas i look for patterns and draw trend lines to monitor.. Just like the NQ chart from earlier.. Great move from when I suggested short from the back test.