Near 70 degree 18 month rise in NDX100

Discussion in 'Technical Analysis' started by Rickshaw Man, Nov 18, 2021.

  1. SunTrader

    SunTrader

    Lost in the weeds. A 700% rise (or whatever it happens to be) is still a 700% rise regardless of the degrees but R Man is right it is steep very steep. As will be the eventual drop.
     
    #11     Nov 18, 2021
    johnnyrock likes this.
  2. ElCubano

    ElCubano

    Super steep.
     
    #12     Nov 18, 2021
  3. Pekelo

    Pekelo

    Theory.... You are a funny guy. On my laptop, the time axis is about 10 inches. If I stretch it to a mile (see where I am going here?) the part that fits my laptop will be a pretty much horizontal line and would represent probably a time frame of 30 minutes of trading.

    (For the really curious, 63360 inches in a mile, 6.5 hours trading a day for 250 days per year and 20 years on the chart.)
     
    Last edited: Nov 18, 2021
    #13     Nov 18, 2021
  4. ElCubano

    ElCubano

    forget about the chart and just think of price/time, and its steep.
     
    #14     Nov 18, 2021
    SunTrader likes this.
  5. It looks better on a logarithmic chart, but still very steep.
     
    #15     Nov 18, 2021
  6. Zwaen

    Zwaen

    Totally not a chart guy, but log picture NQ:

    ( searched youtube for caveman in ferrari but could not find decent video, i'll leave that for Overnight ;) )

    vb.jpg
     
    #16     Nov 18, 2021
  7. Overnight

    Overnight

    Best I could find on short-notice.

     
    #17     Nov 18, 2021
    Zwaen likes this.
  8. easymon1

    easymon1

    #18     Nov 18, 2021
  9. %%
    I've got 100 years of data + more on stock markets + he is right.
    parabolic time stop is still a buy on monthly charts. Haven't had time to check the 5 minute charts, maybe a steep drop\LOL.
    IF only the SEC requires 70 degree measures, maybe we all check out that measure ?? That QQQ related steep market looks much better[better profits....] than the nicely sloping penny stock buys/LOL \but i dont have near 20 years on the penny stuff:D:DLOL
     
    #19     Nov 19, 2021