https://econpapers.repec.org/paper/tiutiucen/acf240c5-b781-4f5f-a519-db18f4376e1f.htm is a quite old paper that is far more advanced than the technique the poster thinks is great
Interesting that the curve between the front month and forward month on the big three indices has fallen into backwardation. That's some damn negative outlook for early 2021.
this is not consultation or advice. Dow: Dow show stop signal, it can not break the red line(low target indicator). The red candle (in the black border), show that Dow don't want go down. as long as the price stay under the EMA(orange) and the dots(in the red border) are red, the trend is bearish. Nasdaq: I think that nasdaq going to meet the red line(low target indicator) at level 10,551-10,991. as long as the price is under the EMA line(orange) and the dots on the halfway indicator(blue) are red, the rend is bearish. S&P500: I think that S&P500 will meet the low target indicator(red line) soon. as long as the price is under the EMA line(orange) and the dots on the halfway indicator(blue) are red, the rend is bearish.
I'm assuming in an example such as the Dow for instance, if it closes lower than the low target indicator line, pushing it lower, you would be going short. If so, where would you place your stop / what chart formation would you need to see in order to exit (for a loss)?
Hi. If Dow go lower than the low indicator, the EMA and the price will come closer, so when the price go above the EMA, it will be the signal to get out. you can not have the all movement from beginning to the end, just take 30-60%, its a lot of money.
this is not consultation or advice. when the price meet one of the indicator' the trend is stop and new trend begin. Dow: Dow still in bearish trend as long as the index below the EMA(orange line) and the dots on the halfway indicator(blue line) are red. if the index go above the EMA indicator, the first target will be the half way indicator. when the index go above the halfway indicator and turning dots on the halfway indicator from red to green, it will be sign for bullish trend and the target will be the upper target indicator (green line). S&P500: the index almost touch the low target indicator(red line), and go up. as long as the index below the EMA, and the dots on the halfway indicator are red, the trend is bearish. nasdaq: the index stay in bearish trend as long as the index below the EMA, and the dots on the halfway indicator are red.