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Pastimes : clx stuff -- Ignore unavailable to you. Want to Upgrade?


To: SGJ who wrote (102)9/9/2024 11:29:45 AM
From: Hawkman@ga1 Recommendation

Recommended By
toccodolce

  Respond to of 3371
 
IF the grey line is advancing the SOX index has advancing momentum based on Chiefs CLIMAX model formulas. As you can see MO-JO has topped at +5 area and bottoms near - 3 to -5 so there are technical clues to when the insiders are managing the inventory.

Hawkman




To: SGJ who wrote (102)9/9/2024 12:10:49 PM
From: WEagle2 Recommendations

Recommended By
SGJ
toccodolce

  Read Replies (2) | Respond to of 3371
 
Joann, who was a contributor to Chrystal Ball Forum and SI for years before her death a couple of years ago, did some great TA work with CLX. I'm sorry but I don't remember her last name. I only knew her for a few months before her death.

The Mojo was her invention.

When the CLX EMA(35 day) is higher than the CLXpp SMA(30 day) the Mojo is in the GREEN meaning the market is still positioned to move up. When the CLX EMA(35) is below the CLXpp SMA(30) then the Mojo is in the RED indicating a cautionary stance should be taken.

Hawkman has plotted these two moving averages and a third curve which is the CLX EMA(35) - CLXpp SMA(30). When that curve goes above zero then the CLX EMA(35) is above the CLXpp SMA(30), so the Mojo is GREEN. When that curve drops below zero, the CLX EMA(35) is below the CLXpp SMA(30) and the Mojo is RED.

Recently the Mojo has been lagging the market. It usually lags but not as much as in the last month or so. Historically it seem to be a pretty good indicator but I don't think it is one that you can use without others to determine buy and sell points.

WEagle