SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Charting & Technical Analysis for Stock Indexes

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dan Duchardt who wrote (26)11/15/2001 12:13:19 AM
From: chartwiznyc   of 211
 
Dan, its not necessary to have volume, you could see with your eyes that the markets contracting & the pattern is forming, a better idea than volume is to use a 5 period stochastic Realtick is %D & tradstation is slow stochastic ............when they go overbought & the pattern is setup & you have your 20 ema as yoru resistance thats fine......volume is already in the price because of the contraction of range, but yes volume does tend to dry up on range contraction as participants take profits & then re enter for continuation out of pattern, dogpiling adding fuel to fire......

Chris
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext