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Re: rimshot post# 55

Thursday, 08/02/2018 3:52:33 AM

Thursday, August 02, 2018 3:52:33 AM

Post# of 207
Rim- QQQ and NDX observations

1. NDX AD LINE - displaying a slight negative slope on ema 19 for few days now

Also, EMA 5>ema 3> 1 not stacked well and all down-sloping

2. Watching daily QQQ resistance at 5 ema and 15 ema as well - thinking AAPL could move things up

3. Saw your monthly chart on Stock charts - always missed the two major market bottoms in 2003 and 2009

Your monthly settings are very clear to pick up major market bottoms and primary waves down 2 and 4

4. Focusing primarily on NDX and NAS to get good feel for the charts and derive intelligence from

AD Line, Mc OSC, Mc SUM, % BB - must have Large Positive AD values not seeing that

So much knowledge, intelligence can be derived from just 4 charts that really really matter that all other
Inddicators like MACD CCI STOCHASTIC and many derivatives look crude.

This cyclic motion in AD line is akin to a sign wave oscillation above and below the mean line - typical of
Rocket noise and vibration oscillation - that are totally random, non stationary and dynamic in nature.

5. This bull market has to end someday - as you have discussed about FB going to 70. Just saw Chinese stick

Tencent loosing $143 billion since Jan. reminds me of excess in 2000 and 2007 tops - luckily came out

Without damage.


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