For range construction see below. NOT ADVICE. DYOR.
FOR BITCOIN: Posted 3rd July
Weekly close outside of this range. What are odds of a trap
CONSTRUCTION
Created signal with two MACD's. One the default and the other customized. Start range when one MACD crosses to positive and close range when the next to cross to positive is the other MACD , and vice versa. Colored ranges represent different combinations of pairs. CAVEAT- small sample size. NOT ADVICE. DYOR.
Have superimposed MACD's over SPX chart.
Follow direction when weekly close breaks out of range. No whipsaw/trap so far. CAVEAT - small sample size. NOT ADVICE. DYOR.
FOR S&P: Posted 24th July
To the rescue: S&P 500 - 5th Historic Closing Week since 1871
Check out stat. SPX needs all Signal & MACD from 0< to >0 to (sources: high; close; low)span more than 6 WKS NOT ADVICE. DYOR.
Weekly close outside of this range. What are odds of a trap
CONSTRUCTION
Created signal with two MACD's. One the default and the other customized. Start range when one MACD crosses to positive and close range when the next to cross to positive is the other MACD , and vice versa. Colored ranges represent different combinations of pairs. CAVEAT- small sample size. NOT ADVICE. DYOR.
Have superimposed MACD's over SPX chart.
Follow direction when weekly close breaks out of range. No whipsaw/trap so far. CAVEAT - small sample size. NOT ADVICE. DYOR.
To the rescue: S&P 500 - 5th Historic Closing Week since 1871
Check out stat. SPX needs all Signal & MACD from 0< to >0 to (sources: high; close; low)span more than 6 WKS NOT ADVICE. DYOR.