Replies to post #1511 on EnableTS Inc. (fka ENTS)

[tothe]

I agree about MM shorts at this level compounding the problem of accuracy. That is why I stress 8 or more confirmation signals and adding MA(20)'s to filter the heck out of it. As the PPS moves above subpenny the chart gets more trusting. Sometimes weekly charts can be more accurate. ChiOsc at this level is a good track of MM short activity in conjunction with other indicators and level2 streamer data after close...it gets very involved here with many factors. Its like picking a horse from The Daily Racing Form, looking into the Paddock, then watching the walk to the starting gate and then you run like hell to the betting window.