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

To: ChartMan22 who wrote (96191)	8/31/2017 4:37:58 PM
From: GROUND ZERO™	Respond to of 220927

And besides, I waited 6 weeks for the weekly to turn upward, I'm not going to day trade a long position and miss the bigger move... I think this market is now going to explode higher and leave many behind in shock and disbelief that the market is actually moving higher in September of all months... I also expect tomorrow morning's numbers to be supportive of a continued rally... when my model is short, the morning numbers are also typically bearish, but when my model is long, then I also find the Friday morning number bullish... it's a curious phenomenon and observation, but it seems to happen more often than not... so, I'm very comfortable right now holding my positions overnight, I fully expect to see these markets move higher in a big way... The weekly hasn't yet given me confirmation, that should happen tomorrow afternoon, hopefully, but I did get a major buy signal for my optimized portfolio early yesterday morning, those broader major signals rarely fail... Of course I could always be wrong, but I feel confident about which way these markets are going next... GZ

To: ChartMan22 who wrote (96191)	9/1/2017 6:34:43 AM
From: GROUND ZERO™	1 Recommendation Recommended By Vendit™ Read Replies (3) \| Respond to of 220927

To be technical about it, I understand that three white soldiers requires that all three sticks overlap and these don't... I'm certainly not a candlestick expert in any way, but I don't think it makes any different whether they overlap or not... Although, using the HA sticks, they do overlap (as if somehow overlapping is a must) and have occurred exactly like these current three sticks at the beginning of previous major rallies... the most recent example of that can be seen on July 12th, before that on May 18th of this year when the market bottomed and then took off like a rocket in a hurry... before that on November 7th of last year... and so on... So, while these candles may not fit the "strict" official three white soldier definition, I don't think it makes any difference, the general pattern itself is plenty good enough and shows historic reliability and validity... that's good enough for me... A positive weekly is all that is needed on the close today to seal the deal and watch the festive running of the Bears again... they never learn... GZ