http://www.traderscr...dex.php?p=intra
The clx shows another animal...Clx weekly/daily update.
#1
Posted 06 February 2016 - 09:59 AM
#2
Posted 06 February 2016 - 10:18 AM
Milantrader, could you give us your interpretation or explain the signifi
cance of this clx data? Thanks.
#3
Posted 06 February 2016 - 11:06 AM
My RUT daily is up, it looks like many stocks lacked a 5th wave low which at this
point in cycles is countertrend low on Friday, an opening gap down Mon is probably a buy.
My account is just even since I stated buy two Tuesdays ago,
every great up day is match by same down day but I have purchased more stock.
Weekly has a 16 week high coming up in 3-4 weeks and one
slower rising long cycle.
BUT I dont think it is good after that mean regression of 3-4 weeks.
"marxism-lennonism-communism always fails and never worked, because I know
some of them, and they don't work" M.Jordan
#4
Posted 06 February 2016 - 11:12 AM
milantrader, could you explain the CLX method? I looked at your site a bit this AM and couldn't figure it out from the comments and charts. the numbers on the chart don't match your comments. Additionally, the website went down while I was doing it, so hence the question. A bit of a tutorial would be nice. Thanks in advance.
#5
Posted 06 February 2016 - 05:11 PM
Claire, a bullish setup is going on, plus a very volatile year 2016. My clx model will be tested.
Achartist:BUT I dont think it is good after that mean regression of 3-4 weeks.
Thats what puzzles me also....Didnt see a setup with these numbers before
Surfsup: see http://www.siliconin...=525&NumMsgs=25
The website didnt went down. Its an internal problem. If you want to visit the website for a second time (short after your first visit) you have to restart your browser. Sorry for the inconvenience. The clx weekly isnt visible in the chart, the clx weekly 34ma -red line- matches with the left axe in the chart.