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Replies to #27438 on Cycle Trading
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desertcynlite

03/21/23 6:55 PM

#27439 RE: Duma #27438

It is just the way a ratio is set up in ThinkorSwim. It is a true ratio of one divided by the other.

I think that as basic as ratio charts are, they are very useful in TA. We could trade off of them if we wanted, but I just use them for watching sectors and comparing things. For trading, I think they would be a great tool for people who don't want to dive deeper into technical analysis.

In hindsight, I don't think we have been in a recession. I'm not sure anyone knows for sure if we will have a soft or hard landing. I don't really care to dig into that because I prefer to follow my charts.
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No-Quarter

03/22/23 10:39 AM

#27444 RE: Duma #27438

I bailed out of GDXU this morning to lock in a gain.

I picked up some UVIX @ $18 as a lottery ticket. Out of everything else. Holding cash.

We will see what tomorrow brings. GLTY

https://stockcharts.com/h-sc/ui?s=UVIX&p=60&yr=0&mn=0&dy=10&id=p45590195955