06-28-06 02:32 AM and live cattle is in count 10. approaching 13 for the short Where did the countdown start?
The countdown begins after a sequential which is 9 consecutive closes above the close 4 days ago. The countdown is not consecutive it just needs a close above the close 2 days ago up to 13 times for a full countdown. Criveria can probably look at that in bloomberg for on the exact date, I am limited by my software and don't want to count back by hand.
The countdown begins after a sequential which is 9 consecutive closes above the close 4 days ago. The countdown is not consecutive it just needs a close above the close 2 days ago. Criveria can probably look at that in bloomberg for on the exact date, I am limited by my software and don't want to count back by hand. The countdown starts after which setup? FC Q6 completed a setup on June 27, but what I've read says that it also was day 11 of the countdown. I thought the countdown didn't start until after the setup was complete. I appreciate the help.
It completed a setup aka sequential but that was also a countdown, it met the requirements of both. The reason it was a countdown is that a countdown began upon completion of a TD sequential on 6/06/2006. The countdown is more restrictive than just a sequential setup because it requires the completion of the sequential before a countdown can begin.
Right, wheat did too a couple weeks ago. I also wrote an article on that occurring over at my Tradingmarkets.com blog. http://themoneyblogs.tradingmarkets...g/grain-markets-offering-oversold-setups.html
launched my 260/300 dec corn spread at 9.5. coming into moving avg resistance. happy to book profits. feeder short looking nice
Right now I wouldn't give it any weight. I seriously doubt if any paper came into the floor today so whatever happened is probably attrituble to a couple of traders. Bias remains the same for me.