ThaGekko
139 posts
msg #129285
- Ignore ThaGekko |
6/21/2016 2:04:48 PM
johnpaulca
9,850 posts
msg #129281
- Ignore johnpaulca 6/21/2016 1:44:42 PM
RGLD....is oversold...turning point +168, -168 as mentioned before, I trade pullbacks to the mean once a trend is established.
on what timeframe are you looking? CCI(18) right?
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johnpaulca
12,036 posts
msg #129286
- Ignore johnpaulca |
6/21/2016 2:11:19 PM
the indicator used on the daily timeframe is CCI(18). I listed only the negative turning points, change the sign to + for the positive turning points.
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johnpaulca
12,036 posts
msg #129287
- Ignore johnpaulca |
6/21/2016 2:12:54 PM
SPY...look at the consolidation on 30-min chart...this is what you like to see before pulling the trigger
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johnpaulca
12,036 posts
msg #129288
- Ignore johnpaulca |
6/21/2016 2:17:53 PM
SPY...now you should be looking at time and sales for buyers. You're now in the BB40 with lot's of momo and buyers. resis will be upper and mid BB40,,,either could be used for price targets when scalping.
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graftonian
1,089 posts
msg #129289
- Ignore graftonian |
6/21/2016 2:19:59 PM
JP, Working with 1 hour chart. At this time (1415) MOmentum has slowed approaching BB125 (to be expected?) BB40 continues to climb. Buy vs sell orders about 8 to 2. looking for a breakout.
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johnpaulca
12,036 posts
msg #129290
- Ignore johnpaulca |
6/21/2016 2:39:10 PM
SPY...nice pop above BB40... now you look for the re-test of upper BB40...will it hold...with a trending stock it will hold.
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johnpaulca
12,036 posts
msg #129291
- Ignore johnpaulca |
6/21/2016 2:50:21 PM
XIV...30-min chart following the same pattern as I described with SPY a few moments ago...check it out!!
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johnpaulca
12,036 posts
msg #129292
- Ignore johnpaulca |
6/21/2016 2:52:20 PM
XIV...$28.73ish will be resis area from the 1st 30min bar of the day.
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johnpaulca
12,036 posts
msg #129293
- Ignore johnpaulca |
6/21/2016 2:54:56 PM
UWTI....just finished scalping this on 30-min chart...again same pattern.
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johnpaulca
12,036 posts
msg #129294
- Ignore johnpaulca |
6/21/2016 3:11:53 PM
johnpaulca
9,858 posts
msg #129290
- Edit message 6/21/2016 2:39:10 PM
SPY...nice pop above BB40... now you look for the re-test of upper BB40...will it hold...with a trending stock it will hold.
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30 min bar not completed but retest failing or shaking out weak hands, must wait until bar is completed.
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