Hello friends. This published idea is mostly for documentation but small signals of Exaggerated Divergence are seen in DXY. In addition, the Envelope RSI indicator and Stochastic have also given a bullish signal.
using order flow analysis and a volume profile you can see that a lot of action around the upper 24s has led to a bounce in the nasdaq and TQQQ 3x is a great way of capturing that. if we hold $24.58 and break $24.81 we should see that $25.86 level again no problem. envelope is flattening out, so id imagine this bounce has legs as long as were not seeing outflow on...
here is another top lift is 1 day top right is 5 day bottom left is one month bottom right 3 months 3 indicate bullish and the other i think is suggesting a little pullback after a small gain then there will be a breakout but please remember i just started charting a couple days ago
here is 4 different time frames of envolpe chart for sunw top left is 1 day top right is 5 day bottom left is one month bottom right is 3 month it shows when it dipped today and its above the middle line on all 4 which suggests bullish trend but if you notice bottom two are out of graph...so i am liking this for an even bigger run tomorrow
holy this is the envelope when they just barely break thru top line means bullish trend will continue these are outside the upperline should be a good day for this one
Rutgers news reminds me of a suggestion I had made to Support. Combine the tools "Displaced EMA" and "EMA Envelope" so the envelope can better fit the price action. User should choose channel width (as well as the left-displacement), perhaps as multiple of Average True Range. Resulting channel is better aid than trend-lines, and can resemble cycle analysis of...
Why geometry works with numbers ... well, I could show you some of the stuff I have been working on, and numbers... regardless as how random or linear they may seem, have value associated.... sort of like Karma. Guessing when your going to get your Karma, is Forex ... a fickle bitch. The chink in this armor, is pretty straightforward... follow the trend. Guessing...