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Pastimes : Ask da_cheif -- Ignore unavailable to you. Want to Upgrade?


To: sandeep who wrote (5984)10/12/2001 9:28:08 AM
From: Chip McVickar  Respond to of 8150
 
Hello sandeep,

These are my questions...!
#1 Can one judge the DJIA's swing move duration from the CLX/AYDIS studies...? In both directions...
#2 Can the CLX/AYDIS show the strength or weakness of the swing moves...?
#3 How do you trade these signals confidently?

Being new to this system..., I'd suggest asking Don for any serious interpretation. But 30 day's back seems a magic number for da_cheif in gauging the continued strength for an positive push.

One of my observations... since the last djia peak at 11337--5/21 any 30 dma's push towards positive territory, plus overcoming the 30 day offsets has been unsuccessful. This seems to have defined the strength of the buyers and the power of the djia sellers.

Counting back 30 days in the 30dma's and you'll find -0.67clx...-0.97clxpp...+0.40aydis for today.
If 'MY' interpretation is correct(?) then those are the resistance points for this push higher and they change each day.

If the djia is going to break the trend of failure since 5/21 then that should happen within the next 15 days.