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S&P 500
5,465.17
(
0.01%
)
US TECH 100
19,026.80
(
-0.94%
)
Dow Jones
39,430.93
(
0.72%
)
Brent Oil
85.26
(
1.47%
)
Bitcoin
60,175.13
(
-4.72%
)
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northam43

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northam43

Re: Torqputty post# 1513

Wednesday, 12/07/2011 1:47:34 PM

Wednesday, December 07, 2011 1:47:34 PM

Post# of 2930
Torqputty - Yes, an increase in Buy Blocker activity would suggest that multiple time frames are going into a Phase 1. As time goes on less Buy Blockers should be active, especially when the SPX gets into a Weekly/Monthly Phase 2, then you will mainly just have the 60 min & Daily Buy Blockers being active.

JMHO, Lindy
"Buy low, Sell high, stay with your system. If your system breaks fix it."


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