TD Sequential Countdown---want to add this to my tools, couple questions
Posted 07 April 2012 - 01:28 AM
Posted 07 April 2012 - 02:39 PM
Posted 09 April 2012 - 08:29 AM
Looking to start using this countdown to help spot/confirm trend reversals, and first wanted to ask a few questions.
1. Anyone have a link(s) to a good tutorial? I've done my "googling" recently and found a couple good tutorials/applications. But this kind of research is the sort you can never have too much of.
2. If anyone is already using it , could you please post your findings or at least conclusions? It will be helpful to compare/contrast once I do my work on it over the weekend.
Thanks in advance. My instinct says this may be a good tool to put to work in the current market...long relentless trend, other technicals starting to get very very mixed esp on a weekly basis, few key indices like trans and rut not confirming multi-yr highs, et al. I'm always looking to expand my arsenal of indicators, and this may provide the clarity/reinforcement for a fairly bearish finish to 2012 IMO. Will def post more on this once I get beneath the surface.
I'd recommend reading Jason Perl's book, "DeMark Indicators".