Wart, et al,
Some lab observations:
I've been doing more work lately on periods that might be considered kinda long. I've used a 377,54,89 sto for a while now. In extending that timeframe a bit further on the CCI, It's apparent that a 610 dCCI is well suited as an accompanying perspective to the 377,54,89.
The first consideration is that the stock(s) in question has at least 8 years of history.
The main consideration involves a significant upturn...or a new high...or a downtrend (or other pattern) breakout on the CCI that is very soon followed by, or concurrent with a positive crossover on the sto..........
Or an upturn on a 377,54 %K with a value of 20 or more while it's above a rising 89 d%D.
AND...with supportive volume...of course.
These periods for the sto and CCI are best suited for tracking the viability of maintaining a longer term position in a stock as well as for verification on entry timing.
One thing that looks quite ugly is the 610 dCCI on the S&P 500.
But, the 377,54,89 sto is just now crossing to the upside at a value above 80 (yikes, huh?) while the CCI is making a move through a short term resistance line to bring it very close to a very short term IHS breakout.
This biit of upturn and activity among a couple short term lines on the CCI along with the sto activity is a good indication that an upward move of relative significance is starting on the S&P.
AND...volume has been supportive.
(and Bdog howls, "Noooooo!! NOT the 610!!!!!!!!)
heheheh,
Doug R |
