Mactheriverrat 3,153 posts msg #135147 - Ignore Mactheriverrat |
3/27/2017 4:29:28 PM
Correction in SPY still can't move the EMA(60) down. Now that's not saying it will bust tomorrow.
XIV Breaks above EMA(9) and the Ema(3) to Ema(15) ratio starts to expand.
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graftonian 1,089 posts msg #135148 - Ignore graftonian |
3/27/2017 5:41:06 PM
Mac, Looks like XIV is setting up nicely. Trying to play "by the rules" I see a count back line entry between $75.44 and $84.88, with a stop point at $66.00. The bottom of a Darvas Box will form in two days if a new low is not touched. Is my thinking straight here?
Duane
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Mactheriverrat 3,153 posts msg #135150 - Ignore Mactheriverrat modified |
3/27/2017 8:13:39 PM
Haven't really messed with the Darvas Box that much. Maybe I should. I'm more of playing the compression and expansion of of the short term group vs the very Bullish investor group . Page 202 and 203 of Guppy's trend trading group. I'm not really crazy about guppy's count line enter other than when long term trend changed . I more interested in the Compression and Expansion of the 2 groups. That's not saying that Guppy is wrong. IMHO.
IMHO- XIV is setting up nice with above average volume.
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Mactheriverrat 3,153 posts msg #135153 - Ignore Mactheriverrat |
3/27/2017 10:00:40 PM
Make that 2nd Paragraph of Page 201 to end of 203.
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Mactheriverrat 3,153 posts msg #135164 - Ignore Mactheriverrat |
3/28/2017 1:10:09 PM
Nice follow through on XIV downtrend line break yesterday.
See how SPY EOD turns out. Looking good for now.
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