Friday, September 22, 2017 1:48:50 PM
So I cleared my mind of all short term trading methods and started a study of daily charts in GLD. I was planning on trading gold futures is the reason for GLD study.
Went back to 2014 looking for daily patterns in GLD after work. The first thing I noticed was MACD histo crossing up and down with the price then going to the Bollinger band like a rocket or a rock depending on the direction of the cross. So I counted them cross to the band. This the 90%
Then I studied the behavior of the price at the band. GLD likes to push into the band both up and down after a stall and short bounce at the band. Then a push into the band. I counted these also 70% it pushes into the band. This can be refined with band width but that's another study.
3 days is the average stall at the band, 5 days is the average push into the band. RSI 7 should and horizontal support resistance combined should tell me when the push is done.
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM