3 replies to this topic

[Porter]

Monthly Trend Value 2 (mixed) Weekly Trend Value 1 (mixed) Daily Trend Value 8 (trending up) 45-min Trend Value 8 (trending up) Turtle Trend (LT) 2 (mixed) SPM Trend ..........Q......M.....W.....D.....45' SPM....U......U......U.....U......U Value..2......0......1......2......2 ------------ SHORT TERM TRENDS Opening Range Trend Daily--Down Weekly--Up Monthly--Up Globex 45-min Trend Down 135-min Trend Down ------------- Keltner Band Trend 10-day Up 7-day Up 2-day Down ----------- Moving Average Trend Mason-Dixon (NDX 200H) Up Gator (SPX 13D+8) Up Mallory (NYA 49D) Up SB (SPX 75D) Up Chandelier Trend Zweig (MID5%) Up Stox (NAZ9%) Down Junk (ML1%) Up --------------- Intermediate Momentum Indicators NY ITBM Up NY 10D NH% Up ND 10D DEAD Down ND BP RSI Neutral NY Vol McSum Up ND Vol McSum Up Comments The 135-min Globex spoos trend turned down. Scottish sell signal. Porter

[dasein]

Scottish sell signal? let me guess, a stingy signal to protect profits? Let me not guess, could you explain? TIA, klh

[Porter]

Scottish sell signal? let me guess, a stingy signal to protect profits? Let me not guess, could you explain?

This is Tom Drake's Scottish system.
I have only been able to pick up a few crumbs of that system, so I am not an expert.

When price closes at the high of the day there is a sell alert.
If the open the next day gaps down, and the open is the high of the day, then a sell signal is given.

Porter

[dasein]

Thanks, something like a 2-day doji... klh