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

To: SGJ who wrote (137289)	1/31/2020 12:50:49 PM
From: GROUND ZERO™	Respond to of 222099

Most all buy and sell wiggles are 3 or 5 days, this one was a 4 day wiggle, not that it should mean anything, but apparently it just didn't hold... I would say it was nullified, and this is one of those 15% times when they actually fail... They're so reliable that I never really worry about a wiggle failing, but there are those that fail about 15% of the time and this apparently is one of those times... But, also, let's look at how the market behaves when it fails and learn something from it, it behaves as if it were a sell wiggle, so now we have long position capitation... something I believe is noteworthy for whenever it happens again and I'm sure it will... GZ