ajtj's Post-Lobotomy Market Charts and Thoughts Message Board

STOCKTALK

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 : ajtj's Post-Lobotomy Market Charts and Thoughts

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sun Tzu who wrote (44026)	11/19/2021 12:24:02 PM
From: Qone0	4 Recommendations Recommended By ajtj99 catou1 Sun Tzu sunabeach Read Replies (2) of 97457

Crab completes at 16803.91, hops at 17018.40. The 30 bar rule comes into play only after the pattern completes. It gets 30 bars to the START of the reaction. It should not take that long but that is the max. Lets look at the RTY daily, it's text book. Both the pattern forming now and the previous AB=CD pattern. This a deep crab, a deep crab means the B point is at a .886, the expectation is that it will exceed the completion point before confirming. which it did by 3 bars, Next the HSI arrow fires, after the arrow fires, the price should check back to the top of the bar that has the arrow on it. which it did. Then there should be a immediate start to the reaction to the T1. Max wait is 5 bars after the HSI checks back. After the T1 target is hit the pattern should check back all the way to the completion point. Then the type 2 reversal starts, which should be the larger move. Look at the previous AB=CD for this example. NQ is not as clean harmonically as RTY is on the larger time scales.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next