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


To: GROUND ZERO™ who wrote (90385)3/8/2017 8:08:16 PM
From: Underexposed  Read Replies (1) | Respond to of 220229
 
Haha... I cannot leave DB alone it seems

Here is my chart today



I wish I had your talent and ability to do intraday trades...I really do.

What happened today, was a share price that was below the Lower Bollie has re-entered the Bollie envelope again. If you look at any candlestick chart (it is easier to see using this chart) when the share price is above an upper bollie or below a lower bollie... it will re-enter the Bollie envelope within 5 days.... How it re-enter is important too.

I think you use Kelter Channels... I studied them for a while but did not find they offered anything more than what I could get from Bollies and Bollies give me more info.

You can see some more instances of an out-of-bollie experience :) in the end of Sept, middle of Nov, end of Jan... they can be very useful... I don't think this observation has been talked about anywhere to my knowledge.

Looking at those indicators in the circle.... they are definitely bearish now and I expect to see a further slide.