https://tradernav.bl...-and-short.html
Posted 05 April 2018 - 11:21 PM
https://tradernav.bl...-and-short.html
Posted 05 April 2018 - 11:34 PM
Does it make a difference to you whether these levels are exceeded intraday vs the end of the day? Thanks.
Posted 05 April 2018 - 11:44 PM
Does it make a difference to you whether these levels are exceeded intraday vs the end of the day? Thanks.
For long term these levels need to be violated on a weekly basis. For the intermediate term, on a daily basis. That's why i mentioned these are approximate levels and only upon closing will i know the exact levels.
Edited by NAV, 05 April 2018 - 11:45 PM.
Posted 06 April 2018 - 10:03 AM
Yesterday's upturn was a headfake. My short term trend turned back down at SPX 2639
Posted 06 April 2018 - 10:53 AM
thank you Nav for your thoughts, I appreciate your contribute to this forum
forever and only a V-E-N-E-T-K-E-N - langbard
Posted 06 April 2018 - 11:16 AM
FWIW - I have 2450 as bull trend level on my system - daily close, but 2500 is the Key pivot (KP) for IT on my system - and as posted, i'm still
waiting for that test, maybe just me and andr99 LOL.
ST trend I have 2615 SPX cash as huge magnet here, likely, that will be ST decision point whether we get another bounce attempt.
My St signal's went sell at open, and have a ways to run today ... but we also will trigger an hourly swing sell if 2615 is broken.
Posted 06 April 2018 - 12:01 PM
Posted 06 April 2018 - 12:56 PM
FWIW - I have 2450 as bull trend level on my system - daily close, but 2500 is the Key pivot (KP) for IT on my system - and as posted, i'm still
waiting for that test, maybe just me and andr99 LOL.
ST trend I have 2615 SPX cash as huge magnet here, likely, that will be ST decision point whether we get another bounce attempt.
My St signal's went sell at open, and have a ways to run today ... but we also will trigger an hourly swing sell if 2615 is broken.
2615 tagged - I have no buy setups here, so now looking for 2575-2590 next KP, minor support 2600.
Posted 06 April 2018 - 01:46 PM
FWIW - I have 2450 as bull trend level on my system - daily close, but 2500 is the Key pivot (KP) for IT on my system - and as posted, i'm still
waiting for that test, maybe just me and andr99 LOL.
ST trend I have 2615 SPX cash as huge magnet here, likely, that will be ST decision point whether we get another bounce attempt.
My St signal's went sell at open, and have a ways to run today ... but we also will trigger an hourly swing sell if 2615 is broken.
2615 tagged - I have no buy setups here, so now looking for 2575-2590 next KP, minor support 2600.
2590 tagged - I'm getting some oversold signals here, so either bounce high odds between 2575-2590 here, if not, we will get one of those acceleration collapses.
Posted 20 April 2018 - 01:27 PM
Just to follow up - I try to keep low profile but I hate to leave thread hanging ...
- we did as expected bounce off 2590 as was high odds
- I now have swing sell signals, swing trendicator also gone to swing down, ideally break of 2660 to confirm, and eventual close under 2645 next week.
I still have IT target much lower, but there is a long complex pattern setup here, patience required, but system has high odds sell here for start of that
move to new IT lows.