20dmf rt

[Pascal]

We have had a range day without any MF/Price divergence.
I would however like to point out that materials have been attracting money all day today (fertilizers, base metals)


Pascal

[Pascal]

Money not moving back in yet.
None of the price bounces were supported by a good positive MF.. yet.

Pascal

[nickola.pazderic]

Please let us know when the BUY programs kick in (or when the SELL programs devour my position)....

Many thanks,

[grems8544]

Nickola,

I can't comment on the RT 20d MF signal, but my automated bot on TZA just closed my open positions due to a strengthening of the $TICK off the lows of the day.

Regards,

pgd

[nickola.pazderic]

oh boy, massive sell hit. breaking the channel, taking out stops.

[grems8544]

I know... amazing. I'm out (darn) and my rules prevent me from getting back in today, but wow, what a drop.

I trial ballooned some TNA at SS3 and THAT was a mistake... :oP Trial balloon popped -- out with a 1% loss. I'm waiting for it to come back a bit before attempting again...

Regards,

pgd

[nickola.pazderic]

patient as my mom watching "The Days of Our Lives."

[Pascal]

patient as my mom watching "The Days of Our Lives."

Finally a little bounce?

[nickola.pazderic]

Hi Pascal, Billy, and all Trading Wizards,

Do you'all put any stock in magical Fibonacci retracements:



People are noticing the break of the 50% retracement here on the SPY.

[grems8544]

Hi Pascal, Billy, and all Trading Wizards,

Do you'all put any stock in magical Fibonacci retracements:

Attachment 11568

People are noticing the break of the 50% retracement here on the SPY.

Absolutely. Not so much in market mechanics, but because people believe and code their systems to the Fib numbers.

This is why you see GGT MAs of 2,3,5,8,13,21,34,55...

As an aside, I note that the SPY finished below the YPP and that IWM finished below SS3, with the Q's significantly below QPP and SS1. These are now significant resistance levels....





Make it a great Thanksgiving all.

Regards,

pgd