The 56 Point TA; Charts With an Attitude Message Board

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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Doug R who wrote (75999)	12/28/2024 12:51:35 PM
From: Doug R	Read Replies (1) of 79500

Technical note on current DJI inverse 3dRSI trick potential: As of the current plot, yesterday's pullback was not enough to set a proper trigger line. The line would cut through intervening activity so can't be valid. This is just one of the rules to it I found....which is also used on a price chart as a way to determine MDTL validity for MIMBOs. The day after the indicator bottomed it produced a knee. The upward angle of the knee dictates the maximum upward steepness for a valid trigger line (this is very useful) while another drop to deeply oversold erases the trick dynamic. 75999 It's gotta go lower at some point...maybe Monday...which could leak over to RGTI's post signal activity.

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