After breaking out of the triangle, the SPX consolidated into a
small bull flag and is breakout out of that flag. On the 15
min chart, the 144 stochastics went above 50% (which I talked about
last night) and so in most cases it will work it's way back to over
80%. Then once it fell below 80%, that would likely offer a
nice short IMO
Posted by sandlamp on 11th of Feb 2010 at 01:42 pm
Matt did you see my question early this morning about how and
when to use 144 stochastics vs 60 stochastics? After hours
reply is fine just wanted to make sure you saw my question.
Thanks!
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After breaking out of the
Posted by matt on 11th of Feb 2010 at 01:26 pm
After breaking out of the triangle, the SPX consolidated into a small bull flag and is breakout out of that flag. On the 15 min chart, the 144 stochastics went above 50% (which I talked about last night) and so in most cases it will work it's way back to over 80%. Then once it fell below 80%, that would likely offer a nice short IMO
Matt did you see my
Posted by sandlamp on 11th of Feb 2010 at 01:42 pm
Matt did you see my question early this morning about how and when to use 144 stochastics vs 60 stochastics? After hours reply is fine just wanted to make sure you saw my question. Thanks!