SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: codfish23 who wrote (111843)10/3/2018 12:07:35 PM
From: GROUND ZERO™  Respond to of 220888
 
It bounced nicely off several pitchfork tines, not just one but several coming from different directions, so this may be a real turn around for the RUT today...

GZ



To: codfish23 who wrote (111843)10/3/2018 12:12:05 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 220888
 
Here's a quick screen shot of the TNA daily bar chart with pitchforks coming from all different levels, and you can see it bounced off all of them simultaneously...

Anyone who thinks the pitchfork is useless is clueless and doesn't know what he's talking about...

I find it one of the most reliable and accurate tools in the toolbox, but one has to know how to use it and also must know how to read it correctly...



GZ



To: codfish23 who wrote (111843)10/3/2018 1:12:10 PM
From: GROUND ZERO™1 Recommendation

Recommended By
codfish23

  Read Replies (1) | Respond to of 220888
 
Looks like another try at that buy wiggle in the SOXL for todey with a close above 155.92 BUT it also must close near the high of the day...

GZ



To: codfish23 who wrote (111843)10/4/2018 2:16:27 PM
From: GROUND ZERO™  Respond to of 220888
 
The RUT and TNA broke below their lower pitchfork tine today, not good news for those markets...

GZ