This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
Monday, 24 September 2012
a nice example of Jeff Cooper's 7 day reversal rule ?
I now have all but the NIKK, HSI, BSE, DAX, IBEX and SMI on *confirmed* daily momemtum sells.
Got to watch Asia tonight, and if they hold up, then the European cycle to see if the rally attempts began today find traction (they looked like classic sell opportunities to me, and we'll see soon enough if that is correct or not). If we start getting breakdowns in the last 25% of indices that I still don't have on sells, then the next thing I'll be watching is to see if the BOSO strategy works on the DJT. ;-)
Sweet.
ReplyDeleteI now have all but the NIKK, HSI, BSE, DAX, IBEX and SMI on *confirmed* daily momemtum sells.
Got to watch Asia tonight, and if they hold up, then the European cycle to see if the rally attempts began today find traction (they looked like classic sell opportunities to me, and we'll see soon enough if that is correct or not). If we start getting breakdowns in the last 25% of indices that I still don't have on sells, then the next thing I'll be watching is to see if the BOSO strategy works on the DJT. ;-)