THE HARVEST BOARD

[sbc357]

NTS06, that chart changed a bit from the time I was using it to make the post about my observations and the time I posted it, LOL.
It will not make sense to you, what I said about the Aroon up; because it WAS pointing directly down, about to hit zero. However, when I hit submit to have the message post, and the chart came up for the message; well, what do you know? but that Aroon UP has popped right back up to 100 - really weird!!!
I do not know what to think. That is a GREAT position for the Aroons, so it looks good, but you can see how quickly the indicators can change on intraday trading. That is why I see the benefit of waiting till the last hour of trading to make a decision. Once the market closes, the indicator readings for that day do not change, so you can depend on the information on which you are making your decision much more.
That is assuming you are not daytrading, of course. I prefer swing trading of a few days to a few weeks (or months on really solid moves), and some position trading.