As mentioned in my video, the market may reach down here to the .618 to .786 level. Since the weekly and monthly stochastics are at a low, I am long for the time being, so I do not want to be shorting this market before it gets there.
If the market reaches there into that zone, and if I am seeing the profiles I expect on the oscillators:
1. stochastics RSI in over sold
2. Surge turning up and displaying a back and front divergence.
then I will be getting in my favorite Alts at God-speed! Let's see what happens!
Thanks for watching and reading my post.
If the market reaches there into that zone, and if I am seeing the profiles I expect on the oscillators:
1. stochastics RSI in over sold
2. Surge turning up and displaying a back and front divergence.
then I will be getting in my favorite Alts at God-speed! Let's see what happens!
Thanks for watching and reading my post.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.