SPX and DJI TD Sequential at 9 on the Yearly Chart
I am by no means a TD Sequential guy but I know the basics. The indicator does the counting for and you are looking for continuation. The indicator counts up in green if the candle is higher than the 4th candle behind it. The dude that made created the default and concluded that most moves exhaust at count 9.
Both of the US indices with major histories have, so far, printed a 9 on the current yearly candle. So two things will happen over the next year: We keep the nine and the move continues or we dip so low that we go past the high of point of the most recent 5 and we start painting 1-2-3 in red for the correction. I have circuled the green 9s on the chart and you can see that not all of them portend a turn into a red 1
Here is a great video on standard usage of the sequential. The linked post are some of my biggest picture views on the upcoming everything bubble.
youtube.com/watch?v=JXVqQra36mc
Both of the US indices with major histories have, so far, printed a 9 on the current yearly candle. So two things will happen over the next year: We keep the nine and the move continues or we dip so low that we go past the high of point of the most recent 5 and we start painting 1-2-3 in red for the correction. I have circuled the green 9s on the chart and you can see that not all of them portend a turn into a red 1
Here is a great video on standard usage of the sequential. The linked post are some of my biggest picture views on the upcoming everything bubble.
youtube.com/watch?v=JXVqQra36mc
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