Inverse Pincher (assuming a retrace off of a run-up). Uses: Trending: Inverse PPO (15,5,7) and ADX (7) for the Pincher; MACD (Inverted Pairing: 5,10,5/10,5,5) for Red/Green Crossover
Momentum: Full STO (14,3) for flip & drop thru Power Zone; TRIX for 3,3/7,3 Cross-under and thru signal line; Aroon (8) for Red/Green Crossover
Money/Volume: CMF 3/14 Cross-under and thru signal line; ChiOsc (Inverted Pairing: 3,10/10,3) for Red/Green Crossover (Money Flow Out)
Pending futures/open and MACD red/green crossover session. Initial tgt 48.80 (looking at Aug 29(W) 51P or Sep 5(W) 50.50P).
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.