Might be worthwhile, but it's so infrequent that Little Chico's signal appears ...
You could read his comments today on ETF Swing and Day Trading. Here's my reply:
royg1927 Share Tuesday, March 15, 2011 11:51:30 AM Re: Little Chico post# 54404 Post # of 54412
Shades of your exchanges with Nocona in the fall of '05.
.. rising ADX line which is being crossed by a descending green bullish line on the DMI is my favorite signal that shows the beginning of a new (bearish) trend...
It was along about then, maybe shortly earlier that you "discovered" that particular indicator. It doesn't appear very often, but can be (has been for me) very valuable in the appropriate context. This is likely one of those situations. We'll see. First week in January wasn't and I didn't bite.
All the other stuff is in gear this time.
Here's my daily with the ADX DMI cross (Friday I think it was) as the bottom indicator. You can see this.
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