this is usually the bottom of a dip on the daily. 9s down complete spells reversal it has to do with ganns 9s. you can look it up on Google, it's confusing but interesting to learn
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Ultratech
OP
:
in assuming this is some bearish nonsense. but whatever is "imperfect" charts lie. there's several things to be taken into consideration that you don't see such as congress avoiding shutdown.
sundsvallson
Ultratech
OP
:
you spoke about the indicator, i am referencing a note about this example as it pertains to the indicator...Why then change the subject & say charts lie? If you knew about the 9s, then you would know about the shapes the numbers form and whether that signals true reversal or trend continuation.
I have not given any opinion on the price directionzl, only commenting on reading the indicator.
sundsvallson : love a failed pyramid setup
Ultratech OP sundsvallson : ?
sundsvallson Ultratech OP : the perfected vs imperfected setup. this one is imperfect
Ultratech OP sundsvallson : ?
Ultratech OP : in assuming this is some bearish nonsense. but whatever is "imperfect" charts lie. there's several things to be taken into consideration that you don't see such as congress avoiding shutdown.
sundsvallson Ultratech OP : you spoke about the indicator, i am referencing a note about this example as it pertains to the indicator...Why then change the subject & say charts lie? If you knew about the 9s, then you would know about the shapes the numbers form and whether that signals true reversal or trend continuation.
I have not given any opinion on the price directionzl, only commenting on reading the indicator.
Ultratech OP sundsvallson : ?
sundsvallson : this is not a complete 9s setup, it is imperfect
Ultratech OP sundsvallson : hey I know that guy