I'll leave you guys with this final chart.
We got the 34/144 cross and the 2/8 cross today.
Historically speaking, we probably need a bit more divergence on this model, between the 2, 8 and 34 and the 144. 2 and 8 already primed, 34 may have a bit of climbing to do first but maybe not too, times are crazy.
As we did hit the top of the BB, it showed there was more strength here than expected. Moving forward I'm looking for the BB to widen and the bottom BB to flatten.
I threw in an EMA 610 (following on my every 3rd number fib pattern) dashed line for funzies. Not sure yet how useful that'll be but still fun to backtest divergence. We're about 2/3rds divergence between the 610 and the 2 compared to Feb peak but still roughly twice the historical average divergence.
That's all I got for ya for awhile unless my Super TRIN model does something cool (currently verging on invalidation again! Support channel was broken a little yesterday and today but it's still well above the BUY line so not ready for the scrap-heap just yet).
Also got some nice GEX movement over on the DIX today. Look for GEX setting HHs (especially above Price) and DIX setting LLs and sustained divergence.
Toodaloo B).
We got the 34/144 cross and the 2/8 cross today.
Historically speaking, we probably need a bit more divergence on this model, between the 2, 8 and 34 and the 144. 2 and 8 already primed, 34 may have a bit of climbing to do first but maybe not too, times are crazy.
As we did hit the top of the BB, it showed there was more strength here than expected. Moving forward I'm looking for the BB to widen and the bottom BB to flatten.
I threw in an EMA 610 (following on my every 3rd number fib pattern) dashed line for funzies. Not sure yet how useful that'll be but still fun to backtest divergence. We're about 2/3rds divergence between the 610 and the 2 compared to Feb peak but still roughly twice the historical average divergence.
That's all I got for ya for awhile unless my Super TRIN model does something cool (currently verging on invalidation again! Support channel was broken a little yesterday and today but it's still well above the BUY line so not ready for the scrap-heap just yet).
Also got some nice GEX movement over on the DIX today. Look for GEX setting HHs (especially above Price) and DIX setting LLs and sustained divergence.
Toodaloo B).
Data analyst with a passion for best fit lines B)
