Discussion in 'Technical Analysis' started by nwbprop, May 2, 2004.

  1. This is for the people who use stochastics with a setting at 14, 1, 3. A rocket is when the fast and slow line are above 80(75) or below 20(25).

    I am really excited at what might come next week. I have been looking into longer timeframes and see that their may be some good volatility in the wings. The Daily fractal has us entering a short rocket, weekly fractal on neutral, and Monthly fractal making a pt 3 for the long rocket. If the short rocket is long enough in duration on the daily, we will get a short rocket on the weekly which will pull the monthly out of a rocket.

    Looking at past volatility, It seems that a lot of volatility occurs when the weekly time fractal gets into the short rocket zone.

    Just wanted to show some neat fractal sequences and looking forward to a potential few months of great volatility .