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gloe

10/02/06 4:29 PM

#34177 RE: Nocona #34174

Daily says down. I know that is not your time frame. :)
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gloe

10/02/06 7:58 PM

#34185 RE: Nocona #34174

Nocona, something I am going to try. Instead of trying to watch my usual 30 min chart along with the hourly CCI 12, I have simply added a CCI 24 to my 30 min chart. That should represent the CCI 12 on hourly, and I would only have to watch one longer time frame chart. I really like the 30 min; it can have some good patterns on the CCI 14. So I can watch for that, as well as watch for the 100 line crosses on the 24 CCI. But since there will be 2 bars per hour, I will see the 100 line crosses in what would be "mid bar" on the hourly.

As an example, today the QQQQ had a ZLR on the 30 min CCI 14; a very nice signal on the resistance at the pivot point, the 34 ema, and inability to stay above Friday's low. Meanwhile the CCI 24 broke back below the -100 on the next bar after the ZLR.

Friday, there was a ghost right off the top, on the CCI 14, at the resistance of Thursday's high, and one bar later the CCI 24 confirmed the move down by breaching the +100 line.