Mactheriverrat 3,157 posts msg #153894 - Ignore Mactheriverrat |
9/3/2020 3:17:39 AM
I watched a video some time ago talking about RSI(14) . It talked about that instead of overbrought and oversold zones think about the 50.00 line as a line of demarcation. The higher above 50.00 was strength to the upside. Below 50.00 strength to the downside.
|
Mactheriverrat 3,157 posts msg #153909 - Ignore Mactheriverrat |
9/3/2020 11:29:24 PM
I'm going to say a pullback like we had from early June to early July of 2020.
|
shillllihs 6,046 posts msg #153910 - Ignore shillllihs |
9/4/2020 12:01:15 AM
Could be but look at that UVXY volume spike, I think a slightly bigger dip.
|
Mactheriverrat 3,157 posts msg #153919 - Ignore Mactheriverrat |
9/4/2020 11:59:08 AM
Possible.
|
Mactheriverrat 3,157 posts msg #153923 - Ignore Mactheriverrat |
9/4/2020 1:52:39 PM
UVXY
Resistance levels
IMHO.
35
46
60
possible even higher.
|
shillllihs 6,046 posts msg #153927 - Ignore shillllihs |
9/4/2020 2:40:38 PM
Watch the EMA3 below Ema5 on TMF, if it does I think market long, if not I’ll stay short. Just my opinion.
|
Mactheriverrat 3,157 posts msg #153943 - Ignore Mactheriverrat |
9/6/2020 7:45:37 AM
Being Bullish this coming week could be mistake. Inverse ETF and Shorting stock could be in the cards.
Just saying.
|
shillllihs 6,046 posts msg #153946 - Ignore shillllihs modified |
9/6/2020 1:00:11 PM
Yes I agree, I also have drip. I’m due for a misstep.
There’s no way around 15-30% drawdowns, just part of the game. EMA3 never crossed below ema5 on TMf so I messed up there but my other system has me long.
Just comes down to being disciplined the rest of the time if you believe in your system.
|
Mactheriverrat 3,157 posts msg #153948 - Ignore Mactheriverrat modified |
9/6/2020 2:29:39 PM
I've been messing with that weekly IFT(2,4) , IFT(2,3) , IFT(2,2), IFT(2,1)
when column fit(2,4) goes from 1.00 to say 0.99 . Things are doing south a little bit or a lot.
.Draw weekly IFT(2,4)
draw weekly ift(2,4) line at 0.0000
draw weekly ift(2,4) line at 0.90
draw weekly ift(2,4) line at -0.90
add column weekly ift(2,4)
add column weekly ift(2,4) one day ago
draw weekly ift(2,3) line at 0.0000
draw weekly ift(2,3) line at 0.90
draw weekly ift(2,3) line at -0.90
draw weekly ift(2,2) line at 0.0000
draw weekly ift(2,2) line at 0.90
draw weekly ift(2,2) line at -0.90
draw weekly ift(2,1) line at 0.0000
draw weekly ift(2,1) line at 0.90
draw weekly ift(2,1) line at -0.90
|
Mactheriverrat 3,157 posts msg #153949 - Ignore Mactheriverrat |
9/6/2020 6:04:44 PM
Updated SPY Chart.
|