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kiy

Followers 53
Posts 16175
Boards Moderated 3
Alias Born 08/19/2010

kiy

Re: None

Thursday, 06/28/2018 3:23:28 PM

Thursday, June 28, 2018 3:23:28 PM

Post# of 19859
Daily...you can see on the "dot" chart that the only way you can get the 3day average to turn UP is to get price above the 3 day average 2714/2715...and then you need the 3 day average to get above the 5 day average 2722 to get a buy trigger...(maybe an all clear BULLish signal) So you need to get price above 2722 and stay above 2722 if a trend on the daily chart is going to happen...this is true for every ETF and stock you can think of...Quants know this...algoBots know this..so you should know this...and know how to act...as the signal happens and how to act if the 3cross 5day fails...falls back below the 5 day average...wouldn't that be telling you there is something wrong...?...besides telling you that crossing the 10 day average 2745 isn't happening YET...that's your real "RISK"...3day falls back below the 5day...
Daily...10day average is 2745 and falling...who knows maybe the 3 day can catch the 10 day somewhere above 2730 and make it/ask it to act right by turning UP...

You say 2722 is 32 points off the lows...how do I get some of those 32 points...answer is intraday charts...if both the daily and 60 minute charts are oversold...let the trade start with the intraday charts...
60minute

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