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Re: stiv post# 395

Tuesday, 08/21/2018 10:30:38 AM

Tuesday, August 21, 2018 10:30:38 AM

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Last night I toyed with a SOXL:SPXS chart, and also a SOXL:SOXS chart. For the things I was looking for, they were identical charts. Yes the Y-axes values were different, but the 6 and 10 day cross over points were near identical, and the frequency of cross over points for a given time period were also near identical.

I think either approach will work.

This morning the SOXL:SPXS chart 6 day line appears to be bottoming, but the SOXL:SOXS chart 6 day line does not yet appear to have found bottom.

Maybe one chart will be a touch more responsive than the other? I will look more into this tonight.

GLTY
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