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DNoah
Sep 16, 2014 4:16 PM

Updated: TimWest ABX Chart showing Low Risk CCI Entry Long

Description

TimWest "Buy pullbacks to "0" in CCI (21-day) and then exit on the next move to +100 and +150. I doubt it will get to +200 again right away unless we have a move in VIX to 18-20."

With Fed Mtg around the corner and Vix climbing and GLD climbing. Could be solid entry point
Comments
timwest
Looks good! "I approve this message"
QuantitativeExhaustion
Looks like your chart
timwest
The "Make it Mine" button really works - I was scrolling through looking at everyone's charts and I thought "hmmm" that looks like a chart I made... and it was. Thanks JR :-)
QuantitativeExhaustion


I'm going to wait on that one. We still have a bit further to get to that support line, and MCADL just started turning giving us a divergent signal vs price.
timwest
The way I look at it JR - life rarely gives you the exact same trade setup again - so the chance for a third in a row here would be extremely rare. If anything, it will go under the lows to shake out some longs. Who knows. I'll spread my entry around on this long here - some today, some tomorrow, some next week.
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