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Re: AverageJoe post# 219773

Tuesday, 06/11/2024 1:10:21 PM

Tuesday, June 11, 2024 1:10:21 PM

Post# of 222833
Spot on, good post Joe. I picked up a lot more here today too...FWIW I just noticed that the 1 hour ADX reading on the chart (my odometer reading for overbought or oversold stocks) flipped down from a very overheated 58.85 reading to 57.61. More often than not, about 62 to 66% of the time according to my models, it's a sign of an imminent price reversal so let's see what happens here.