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Re: CITYHAWK post# 72258

Thursday, 08/08/2013 10:30:32 AM

Thursday, August 08, 2013 10:30:32 AM

Post# of 79026
What time frame is the market trading on
Meaning what timeframe will the market become oversold or overbought
and sellers/buyers come in. When market is weak it will trade on
5 min. When breadth is above 4-1 and stays there you get the
market trading on the 15 min. When breadth is 10-1 or more then
you need to go the 30/60 for the turns.

Breadth today 2-1 (weak) and ticks weak that is why RSI 5 min +70
brought in sellers and that is the timeframe the market is now
trading on.

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