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Renga Charts on hourly sell, 5 min & 1 min


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#1 Rogerdodger

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Posted 07 May 2008 - 12:15 PM

Is it WWW already? ;)

Renga Chart link

Last night I mentioned that the Renga charts were at resistance on several time frames.
I'm just observing this type of chart and it's reaction to price.
I still don't like the way ATR changes some price levels as the range changes.

The daily will not turn red until about 1390. (Unless it moves.) :lol:

#2 vitaminm

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Posted 07 May 2008 - 01:17 PM

This filter shows daily in red.

http://stockcharts.com/h-sc/ui?s=$SPX...id=p03581146063
vitaminm

#3 Rogerdodger

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Posted 07 May 2008 - 06:40 PM

Looks like 1396 turned the daily red now. Weekly is now the only buy. Monthly is still a sell.