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ITBM Sell!


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#1 OEXCHAOS

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    Mark S. Young

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Posted 21 November 2019 - 09:29 AM

We have a confirmed ITBM Sell and our Breadth Model gave a Sell.

Here's the thing, though. This Sell is just barely one and so is confirmation. AND it comes after the ITBM went negative, then positive for a couple days, and then just barely went negative last night.

When any indicator (especially those that are easily quantified and put into models) "backs into" a Sell, it's usually a fade. I think that "the Boyz" wait for these opportunities to bag the noobs and the less experienced/skilled modelers and "bot" designers.

Let's see if my read is correct.


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#2 Harapa

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Posted 21 November 2019 - 10:40 AM

I won't take it lightly.


My comments are for entertainment/educational purpose only. All posted trades are fake (aka. paper) trades.


#3 LMF

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Posted 21 November 2019 - 02:30 PM

VIX above the daily bollinger band today and yesterday, selloff yesterday looks more like a decent low. See what happens.....

#4 da_cheif

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Posted 21 November 2019 - 07:20 PM

We have a confirmed ITBM Sell and our Breadth Model gave a Sell.

Here's the thing, though. This Sell is just barely one and so is confirmation. AND it comes after the ITBM went negative, then positive for a couple days, and then just barely went negative last night.

When any indicator (especially those that are easily quantified and put into models) "backs into" a Sell, it's usually a fade. I think that "the Boyz" wait for these opportunities to bag the noobs and the less experienced/skilled modelers and "bot" designers.

Let's see if my read is correct.

clx ******** rolling over