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Price-to-Indicator-Divergence is a powerful tool ...
It shows on charts before many reversals...long term and short term...
Take advantage of what is presented -- Price-Action Fundamentals and Divergence and Patterns
Medved Trader software is terrific - it's fast!
It uses very little computer resources and is extremely customizable.
It was created by Jerry Medved ... Remember QuoteTracker?
This combines all of QT's good stuff but is far better.
Here are some time based charts:
Here are some tick based:
...and a relatively short term tick chart
$NIO Just Remember One of Teslas biggest investors took 11.4% stake in rival $Nio https://techcrunch.com/2018/10/09/one-of-teslas-biggest-investors-took-an-11-4-stake-in-rival-nio/
Financials flagging ... bullish breakouts
StockCharts.com ChartWatchers Newsletter
...chart set excerpted from Arthur Hill | August 06, 2016
Doji, triangle and diamond patterns can go either-way.
(A) The triangle is defined by the doji top on Monday July 4th...
(B) followed by a wide range sell-off Tuesday...
(C) then a hammer reversal on Wednesday...
(D) To top it all off, a long tailed doji formed a nice indecisive diamond pattern on Thursday...
Shoula known - "It was the old triangular and diamond doji consolidation patterns trick..."
(a rare but well known 5 day continuation pattern)
Typical price action of triangle consolidation patterns.
They do not infer a probable direction before they resolve.
Price is bounded by sloping upper and lower lines as it approaches the apex of the triange.
A 3 or 5 wave pattern most often can be ID'ed.
A breakout of either side will usually be re-tested before price continues
to move in the breakout direction...Use the re-test to anticipate a trade.
In general they will be very similar but there can be significant differences because the e-minis do expire every 3 months and get rolled over to the next 3-month period...prices get "adjusted" each time they roll-over...
Futures quotes also include the 24-hour prices - - of course the regular indices mostly close at 4 PM EST.
Also, when getting futures quotes from BigCharts, StochCharts, Yahoo etc they are "continuous contract" symbols (that are never actually traded).
These quotes will vary further away from the actual prices shown for the indices.
But, ALL quotes for the indices or for futures are adjusted by those who have the registered trade marks...they own the data but they let financial firms use the quotes and of course the trade mark owners get compensated by the users...brokers, financial firms, news firms as well as individual traders/investors all pay for data in some form or another.
Quite surprising how much the Futures ruler-lines differ from the.....regulars.....
*Noticed that last week
Oh wait.....
And yet, hmmm, maybe there IS quite a difference.....
Wonder why :
How come it's trading quite a bit below my line, but is not doing so in yours' ?....
.
Should one place more faith in the lines of Futures traders ?
Seein' as they might be a bit more experienced ?
.