• Kevin Matte : 9's on monthly chart !

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• Ultratech OP Kevin Matte : sometimes the lowest wick on 6 is bottom 

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• Ultratech OP :

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• Kevin Matte : I know you know the answer, but I did a little research for those who don't understand well:
  In technical analysis with the Tom DeMark Sequential 9 (TDS 9) indicator, it sometimes happens that the lowest point occurs on the 6 green instead of the 9, which may seem contradictory at first. Here’s why this happens:
  1. Understanding the Tom DeMark Sequential 9
  The Tom DeMark Sequential 9 indicator is designed to identify potential market reversal points by counting a sequence of 9 consecutive candles that meet specific conditions:
  Setup phase (9 candles): Each candle must close lower (for a bearish trend) or higher (for a bullish trend) than the candle 4 periods earlier.
  Countdown phase (13 candles): If the conditions are met, the countdown phase towards 13 begins.
  The 9 green is supposed to mark a potential low point, indicating an exhaustion of the bearish movement and a probable bullish reversal.
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  2. Why does the lowest point sometimes appear on the 6 green instead of the 9?
  There are several reasons why the lowest point of the movement may appear on the 6 green instead of the 9:
  1. An abnormal bearish acceleration (squeeze or capitulation)
  When a rapid drop occurs, it may reach an extreme before hitting the 9. A panic sell-off or a forced liquidation of long positions can cause a sudden bearish squeeze, creating a premature low on the 6 green. The price then begins to rebound, forming a bullish divergence even before the 9-sequence is completed.
  2. Strong buying pressure from institutional investors (Smart Money)
  Institutions and algorithms often anticipate traditional market signals. If institutional investors detect undervaluation of the price before the 9, they may start aggressively buying around the 6, triggering an early reversal.
  3. Invalidation of the Tom DeMark sequence
  The TDS 9 does not guarantee that a low will always form at 9. Sometimes, an overly bearish market finds a support zone earlier, canceling the logic of the classic countdown. Unusual buying pressure can disrupt the sequencing structure and end the sequence before the 9 is reached.
  4. A hidden divergence in technical indicators
  The RSI, MACD, or other momentum indicators may show a positive divergence before the 9. If the price keeps dropping but momentum starts rising from candle 6, this suggests buying pressure triggering an earlier rebound than expected.
  5. Alignment with a key support or an important moving average
  The price may hit a key support zone (Fibonacci, MA200, VWAP) around the 6 instead of the 9. If a confluence of supports is reached at 6 (rather than at 9), this can create an early rebound.
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  3. How to interpret a low on the 6 instead of the 9?
  When a TDS 9 does not reach the 9 and the rebound starts from the 6, here’s how to analyze it:
  1. Confirm with other indicators
  Check if the RSI or MACD show a bullish divergence from candle 6. Analyze the volume structure to see if massive buying has occurred.
  2. Observe key support levels
  If candle 6 touches a major support (VWAP, MA50/MA200, Fibonacci), this may explain the early rebound.
  3. Examine the strength of the rebound
  If the price bounces violently from candle 6, it means buyers took control earlier. If the price hesitates and forms a range between 6 and 9, it means buying pressure is not strong enough yet.
  4. Adjust the strategy
  If a TDS 9 is invalidated before reaching 9, it is often safer to wait for bullish confirmation before entering a long position.
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  4. Conclusion
  A low on the 6 green instead of the 9 happens when:
  A key support or strong technical level is reached before the 9.
  The market is in an extreme oversold condition, triggering an early rebound.
  Institutional buyers detect an entry opportunity before the setup is complete.
  Momentum indicators show bullish divergences before the 9.
  The key is to observe volumes, support levels, and price reactions to determine whether the TDS 9 sequence will complete normally or be interrupted prematurely.

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• Ultratech OP : ya i didn't know the 6 thing was in writing somewhere I've just noticed that is a frequent  scenario. interesting

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