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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: jjs_ynot who wrote (24287)5/26/1999 2:55:00 PM
From: donald sew  Read Replies (1) | Respond to of 44573
 
Dave,

>>>>> Assuming that today was the buy-in day; what day would your peak arrive Friday or Tuesday of next week? <<<<

I doubt that my short-term technicals will peak, so I am expecting that the market will reverse back down before I get a CLASS SELL signal again. Please understand that my system is not conventional since it attempts to determine extreme oversold or overbought conditions. That does not mean that the market cannot not reverse before it gets to extreme conditions.

It would take anywhere from 5-8 straight up trading days to become
a CLASS SELL signal, but I feel it will reverse downwards before my
short-term technicals that high. It has to do with the pattern within my short-term technicals which is hinting that my readings will only get to the mid-range before reversing back down. I know, its gets confusing, since my system is not conventional/linear.

seeya