tag:blogger.com,1999:blog-19713238.post4945223213939837434..comments2023-11-05T06:41:02.893-05:00Comments on Wall St. Warrior: Technical Picture - Retest of January HighsTJhttp://www.blogger.com/profile/13294634341130531371noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-19713238.post-51070234136933680562009-06-04T20:48:03.363-04:002009-06-04T20:48:03.363-04:00Day Tradr,
Trying to measure the relative strengt...Day Tradr,<br /><br />Trying to measure the relative strength of the rally not consolidation price swings. I'm sure that new book you just bought will explain it in more detail, but generally speaking we measure divergences at overbought levels for rallies and oversold levels for market declines.TJhttps://www.blogger.com/profile/13294634341130531371noreply@blogger.comtag:blogger.com,1999:blog-19713238.post-21626510043326030442009-06-04T17:47:24.572-04:002009-06-04T17:47:24.572-04:00Jamie,
This may be a stupid question. Why not use...Jamie,<br /><br />This may be a stupid question. Why not use the previous recent high (May 20 black shooting star) to measure the RSI divergence.Day Tradrhttps://www.blogger.com/profile/10147979424429685251noreply@blogger.comtag:blogger.com,1999:blog-19713238.post-32111160278039703512009-06-02T19:22:50.913-04:002009-06-02T19:22:50.913-04:00Thanks John,
Yeah, I use log scales in stockchart...Thanks John,<br /><br />Yeah, I use log scales in stockcharts.com and price data only in Esignal. The scaling in esignal gives me a better view of NRIBs which is especially useful for lower timeframes. A useful tip from one of my readers.TJhttps://www.blogger.com/profile/13294634341130531371noreply@blogger.comtag:blogger.com,1999:blog-19713238.post-4206392609403769782009-06-02T08:58:43.681-04:002009-06-02T08:58:43.681-04:00Good Morning,
As always, I appreciate your blog.
...Good Morning,<br /><br />As always, I appreciate your blog.<br /><br />I noticed that you're not using a log scale on your longer-term SPX charts - curious as to why.<br /><br />TIAjohnhttps://www.blogger.com/profile/12712283145624980190noreply@blogger.com