time symmetry.
(a) discovery that certain simple equity price indicators of general market behavior do demonstrate a basic market principle; namely that prices rises tend to last only as many weeks (or months) as the prior period of price decline.
Red, you were correct!
and the problem with T’s….is when they are wrong, they are 180 degree wrong. (they point to bottoms)
take a looksee http://tinypic.com/view.php?pic=2d6kv91&s=7
I don’t know what to say about the dollar, as it’s heavily manipulated. It should of course bounce higher temporarily, but will crash in the end… just like what Lindsey Williams said.
I’ll take that bet. But on a serious note I know we have talked about the dollar/market moves down at the same time in the last couple of weeks. Take a look at the UUP chart… looks like a hit of the 20 day moving avg.
now, but a move up to the 50dma and a reverse back down would set us up for an inverse head and shoulders.Back to dollar up/market down? Time will tell i guess but just trying to stay ahead of the “GAME”.
time symmetry.
(a) discovery that certain simple equity price indicators of general market behavior do demonstrate a basic market principle; namely that prices rises tend to last only as many weeks (or months) as the prior period of price decline.
http://www.ttheory.com/2004/01/introduction_to.html
You’ll have too ask GG that, as I don’t study it. I think it’s based off matching time periods?
I agree.
most people know I don’t go around trying to call absolutes.
just trying to provide a signal that may match other signals.
🙂
How does that “T” work?
I don’t think we have bottomed yet GG, but I get what you are saying.
Red, you were correct!
and the problem with T’s….is when they are wrong, they are 180 degree wrong. (they point to bottoms)
take a looksee
http://tinypic.com/view.php?pic=2d6kv91&s=7
I don’t know what to say about the dollar, as it’s heavily manipulated. It should of course bounce higher temporarily, but will crash in the end… just like what Lindsey Williams said.
I thought someone said no POMO today… I didn’t check the schedule
I’ll take that bet. But on a serious note I know we have talked about the dollar/market moves down at the same time in the last couple of weeks. Take a look at the UUP chart… looks like a hit of the 20 day moving avg.
now, but a move up to the 50dma and a reverse back down would set us up for an inverse head and shoulders.Back to dollar up/market down? Time will tell i guess but just trying to stay ahead of the “GAME”.