For all its flaws, I like it. Gives me another perspective, one not based on news (or fear of news), and one that's not naturally bullish or bearish. Plus, what I get is free 🙂
that's a great question, I don't place any more importance on 640 vs 600 vs 616, the sequence of MA is more important because of how the market moves between the MA in the sequence, my primary sequence involves the 640
if you remember a while back I spoke about how the controlling trendlines in the market are co-relational to MA with a multiple of 8. You just self-discovered this, if you remember a couple days ago I posted a chart with the controlling trendlines on the daily for the SPX and it showed the one that contained the market in January which is co-relational to the 616 ma and today the controlling TL is in the 1132 region.
For all its flaws, I like it. Gives me another perspective, one not based
on news (or fear of news), and one that's not naturally bullish or bearish.
Plus, what I get is free 🙂
They post the performance result based on such method and it sure looks good at first glance. Bail and switch.
pressure is building…
$TNX: ten year daily
http://www.flickr.com/photos/47091634@N04/44062…
UUP: dollar daily
http://www.flickr.com/photos/47091634@N04/44070…
that's a great question, I don't place any more importance on 640 vs 600 vs 616, the sequence of MA is more important because of how the market moves between the MA in the sequence, my primary sequence involves the 640
if you remember a while back I spoke about how the controlling trendlines in the market are co-relational to MA with a multiple of 8. You just self-discovered this, if you remember a couple days ago I posted a chart with the controlling trendlines on the daily for the SPX and it showed the one that contained the market in January which is co-relational to the 616 ma and today the controlling TL is in the 1132 region.
Hi Sundancer,
Quick Q, you've mentioned tracking moving averages in multiples of 8. Do you place a higher importance on say, 640 vs 600 vs say 616, as an example.
I ask because the 1150 high seems to have bounced off the 616 and is currently at 1132.20.
Thanks in advance.
I do remember that. I would do as well not to trade.
TZA is up today, while the SPX is (barely) up and so is the dollar. Did I mention that all of this is nuts and I'm not trading it? 🙂
Looks like you are right.
Round 3 $SPX with controlling trendline
http://www.flickr.com/photos/47091634@N04/44060…
LOD looks in to me, those with eagle eyes will note the low of the $SPX today
about that — I have 8.27 as the pivot.
I sell on a whim though.