8 replies to this topic

[mss]

Price ran much stronger than the internals. BOP indicated a much weaker money flow than price suggested. I look for a pull back to the 1187-90 range and stall for a day or two.



mss

[esther231]

Much thanks.

[selecto]

No dents yet in the BP's or the NASI. We see.

[Rogerdodger]

I look for a pull back to the 1187-90 range and stall for a day or two.

I'm holding ya to it.

[TradeMark]

mss Trying to undrstand chart. What does BOP stand for? (an acronym for something?), What does it measure? Lately, last month or so, looks like it is diverging positively from price, but negatively today. Do these ST divergences mean anything? Thanks TM

[mss]

mss
Trying to undrstand chart.  What does BOP stand for? (an acronym for something?), What does it measure?  Lately, last month or so, looks like it is diverging positively from price, but negatively today.  Do these ST divergences mean anything?

Thanks
TM

<{POST_SNAPBACK}>

TM please understand that I am not side stepping your question. The easy way to answer your questions is to first refer you to: SWING WAVES BOARD
Then scan the many posts after that, most have BOP in title, to get a feel as to how it can be used.
Divergance is very importent, but the level, above or below "0" is also meaningful. Several long term charts have been posted and you can see that divergance is sometimes VERY telling as to future price movement.
Best to you and hope this helps, questions always welcome.
mss

[mss]

I look for a pull back to the 1187-90 range and stall for a day or two.

I'm holding ya to it.

<{POST_SNAPBACK}>

If I am wrong, please do not fire me as I need to work.

[TradeMark]

mss, thanks, I will look for the answer where you suggest. TM

[TradeMark]

mss, Good call btw, "high cauttion" , seems appropriate outlook for today. Well done! BOP prescient. TM