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Strategies & Market Trends : P&S and STO Death Blow's

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To: orkrious who wrote (6700)9/10/2002 9:40:57 AM
From: Jeff  Read Replies (1) of 30712
 
the anti-venom that jacked the market is a full sto 60min...

after a run up the 10min 15min and 30min will lead the way down of course....

now as the market dips....these shorter timeframes will be the first to go under the 50 line......

its when they turn back up from oversold is when the d-blows start showing up to kill the rallies....

10min will start the d-blows......15min will later back it up.....and then a 30min d-blow will then ice the rally and soon after we end up oversold again on everything....

watching for d-blows and anti-venom....you have to put all these timeframes in context......

many times a 60min looks like its about to do a d-blow...but the 30min is doing an anti-venom and can negate that d-blow.....

you have to watch it all....
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