kylesutherlandsmith45

kylesutherlandsmith45

Its real simple, I'm looking for a bounce off of about -136 on on balance volume (OBV) on or around the 1st of November. Before a return to +52.7 OBV on April 2023. I don't want to go into all the details but on 2nd march 2020 53.27 acted as support. This area is critical it acted as resistance on 2nd Jan 2018 and 1st Nov 2018. There seems to be a 4 year cycle...

kylesutherlandsmith45

The idea is to take a long perspective using RSI and On Balance Volume OBV to project a possible timeline for expected lows and highs in the near to medium term future. The starting point is point A (1st Nov, 1994). Point B (3rd June 1996), Point C (3Sept, 2002), Point D (2nd April 2007), Point E (2nd Feb 2009), Point F (2ns May 2011), Point G (3rd Oct 2011),...

kylesutherlandsmith45

We really need this to break the 35 level to confirm a change in the trend. If it does not hen somewhere in the 70's would be a high point at which it would be prudent to consider removing some chips from the table. The plan is to wait for confirmation and a retest then it's off to the races, or maybe the moon.

kylesutherlandsmith45

The idea is to use RSI indicator to find levels of support and or resistance. Historical analysis shows highest levels as being 80.86 and 88.84. The lowest level is 24.6. Inbetween these extremes are a number of key levels. Right in the middle 54.05 seems to be a crucial level that is touched multiple times. It does not always offer support or resistance so it is...

kylesutherlandsmith45

I'm going to go long when the trend is positive and sell when the trend is negative. That's it in a nutshell really. I've got some trend lines I am following and some possible scenarios based on a 68 degree angle that I am using to bounce around between the trend lines and levels that I have identified.

kylesutherlandsmith45

My idea is to link highs and lows in the market with RSI trend lines and key dates. Looking back over the data all the way back to the early 1900's it seems to show that highs and lows can be fairly close together in time but breaks of key trend lines and channels or wedges / triangles are required. Therefore until we break the current trend in RSI I do not see...

kylesutherlandsmith45

Just playing around with some possible scenarios here. My idea is to use the march 2020 point as a point in time that has time periods evolving out from it in both directions. Using some key dates that are found from price action to create the vertical lines. This is really just to create a feeling for what is happening and then using the on balance volume...

kylesutherlandsmith45

My idea is based on using parallel channels with two oscillators to find historical turning points. Assisting the basic idea with geometrical angles. What I would draw attention to is the unbelievable low reading on the DPO of about -3770. In this time series it has not been that low before (1991-2022). I am basically looking at waiting for a retest of the RSI at...