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Newest "T" Lovers posting


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#1 Rogerdodger

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Posted 23 May 2023 - 11:34 AM

New post for T Lovers and the curious at

https://ttheorygroup...-neutral-trend/

 

"Is This the End of the Neutral Trend?"

I believe there is no investment T. If I am wrong, we have created a T through July, one that I discussed in my posts of April 26 and April 30.

There is no T, just an upwards bias based on a Complex Structure that is fading into the past. We are in one of those periods where the calm masks some technical problems with Price.


Edited by Rogerdodger, 23 May 2023 - 11:43 AM.


#2 Rogerdodger

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Posted 23 May 2023 - 02:09 PM

Meanwhile, the May 1st top posted by https://ttheorygroup.science.blog/ (See the GREEN T Below)

and my April 16 post on a later May top (See the RED T) both nailed it...this time anyway.

Posted 16 April 2023 - 11:43 AM

T Theory: Rally till the Ides of May?

I had drawn a crude T (beginning from the January peak of the MACD of the NYUD) into the March bottom of the same, and projecting an ending just past the "IDES" (Latin: īdūs) of May. (For the Lunies among us, the ides originally corresponded to the full moon.)

 

 

May-T.jpg


Edited by Rogerdodger, 23 May 2023 - 02:15 PM.


#3 Douglas

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Posted 23 May 2023 - 02:15 PM

Rodgerdodger, what's wrong with the green "T" shown below ending August 2nd?  Is it breaking one of Terry's rules?  I am a rank amateur Magic "T" operator, so any guidance as to why I'm off base would be appreciated.  Constructive criticism is always welcome.  I believe the red "T" that I show below which ended last Friday May 19th is the same one you noted in your second post.  Thanks in advance.

 

p7Y8MDv.jpg

 

Regards,

Douglas



#4 Rogerdodger

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Posted 23 May 2023 - 02:49 PM

Rodgerdodger, what's wrong with the green "T" shown below ending August 2nd?

I am a rank amateur Magic "T" operator.

 

Douglas, as a "rank" amateur, you out-rank me! 

Your T looks as good as any I could have drawn if I had included August.

Your macd settings are a little bit different than mine but I don't think that has much effect if any.

I don't think the "professionals" even use it as a simple main reference.

But IF your T nails another top, I will definitely blame you! LOL

Best to you.

 

Here are a few things the blogger above (https://ttheorygroup.science.blog/) is looking at:
 

As DP (Decision Point)points out: The Price Momentum Oscillator (PMO), the Volume Trend Oscillator, the Intermediate-Term Breadth Momentum oscillator (ITBM), and the Intermediate-Term Volume Momentum oscillator (ITVM) can help identify significant overbought/oversold conditions that often precede important trend changes over the course of several weeks/months. Watch for extreme readings in these oscillators that provide “early warnings” for market turns. Also watch for intermediate-term buy/sell signals that are given when these oscillators cross their 10-day EMAs.

The A/D line is declining, and is presently standing right on the 20EMA line. This is in contrast to Price, which has been advancing. That too is a not suggestive of further advancement.

 


Edited by Rogerdodger, 23 May 2023 - 02:57 PM.