20dmf

There is still some slight accumulation.
We can also see that the OB/OS indicator crossed over the -90 level.
Technically, we have a buy signal, but only the close will confirm this.
I updated the gold sector. We can see that the MF is negative for this sector: large players are selling strength into gold miners.


Pascal

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Selling has accelerated and the OB_OS indicator is back below -90


Pascal

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According to your post of 9:26 PM yesterday, I concluded that the buy signal on the 20DMF was not triggered.
Yet if I look now (7:30 AM) to the 20DMF page it tells me that it is long. This page is calculated based on the data of 16:00 PM.
The IWM Robot page also tells me that he is in buy mode and that the robot will go into in long trade as of the opening today.
I thought that a move up of the OB/OS signal that does not go above the -90% level did not count as a valid buy signal? Am I wrong here?
Is the 20DMF and the IWM Robot buy mode valid?

[QUOTE=pdp-brugge;18863]According to your post of 9:26 PM yesterday, I concluded that the buy signal on the 20DMF was not triggered.
Yet if I look now (7:30 AM) to the 20DMF page it tells me that it is long. This page is calculated based on the data of 16:00 PM.
The IWM Robot page also tells me that he is in buy mode and that the robot will go into in long trade as of the opening today.
I thought that a move up of the OB/OS signal that does not go above the -90% level did not count as a valid buy signal? Am I wrong here?
Is the 20DMF and the IWM Robot buy mode valid?[/QUOTE]

Yes, it all happened in the last minute. Billy
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Please excuse me for asking a novice question again

Is it now the intention that we place a market order at the opening?
Or do we place a limit buy order with a trigger @ 68.74

[QUOTE=pdp-brugge;18865]Please excuse me for asking a novice question again

Is it now the intention that we place a market order at the opening?
Or do we place a limit buy order with a trigger @ 68.74[/QUOTE]

Yes, limit buy order @68.74 valid for one day only.

Billy

Billy/Pascal,
the IWM entry point is 1.50 % below yesterday's close, while UWM's is 11,18% below, well below Friday's close. Is that correct?

[QUOTE=Adriano;18867]Billy/Pascal,
the IWM entry point is 1.50 % below yesterday's close, while UWM's is 11,18% below, well below Friday's close. Is that correct?[/QUOTE]

Yes, there seems to be a bug for the indicative prices of entries and stops of related ETFs.
Pascal will check and update the page with correct indications.
We apologize for this problem.
Billy

[QUOTE=Adriano;18867]Billy/Pascal,
the IWM entry point is 1.50 % below yesterday's close, while UWM's is 11,18% below, well below Friday's close. Is that correct?[/QUOTE]

Yes, you are right: the data was not correctly uploaded from Yahoo for UWM, TZA and TNA.
Thanks for having noticed it.

I corrected this.


Pascal

Hi Pascal,

In the recent description posted on how the 20DMF is used, I see the statement: "the time to go long is when these three conditions are in force: there's a been a direction change in OB/OS signal AND the OB/OS level is between -70 and -90 AND MF is positive"

The main page 20DMF page say MF: -0.64% at the 11/28/11 close.

How is this all interpreted so that 20DMF is in a BUY going into today's open?

Thanks,

Shawn