What do you use for TA indicators?
Do you use any at all, or do you just look at the chart, do some EW, look for patterns, gauge sentiment, whatever?
I use them ... I use the same ones over and over and over and over again. I don't necessarily show them in a chart with EW cuz that ain't the purpose of the chart. But I find that certain response are often repeated, with certain indicators, like in particular during a '4', regardless of degree. And when I get to the last '4' I look real hard.
I figure I have a better chance of learning how a select set of parameters responds if I repeatedly use them, as opposed to hopping all over the place.
Example: Note the possible 4's, look at RSI versus WM's % R. This looks to me for various reasons it could be a last '4', in part because of the TA parameter response. The 4, the false alarm, right up through the last ring a ding. And look at the monthly, there is something going on here me thinks.
First is weekly, second is monthly. Now how low will the TA parameters on the monthly go, if this is a last 4 in progress?
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