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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Underexposed who wrote (89921)2/22/2017 10:30:12 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 218603
 
These are not normal markets because these are not normal times... so far, I'm still holding long market positions, probably a new record for time period... simply, no sell signals clearly given...

GZ



To: Underexposed who wrote (89921)2/22/2017 10:53:13 AM
From: edward miller1 Recommendation

Recommended By
3bar

  Read Replies (1) | Respond to of 218603
 
IIRC the classic book on charting by Edwards and McGee says that if price continues to the apex the rising wedge implication (breakdown) is often negated. Without going back in time to confirm I believe that I have seen instances where this has occurred. Just saying it's not 100& guarantee to justify shorts here.