Recent content by jvdlow

Are you using Babelfish?

Clown, Looks like a PR on the 15-minute chart to me. Price target 459.3. It's a bit early to call it. I'd like to see the RSI break through 40 and maybe test it again. The fact that we didn't get oversold on the 15-minute chart seems to suggest that this is merely a pullback we're seeing. What...

Well, if you did use it that way, you'd have a target of 450.65+0.50 = 451.15. But I doubt you should be using it that way. Maybe the only way to find out is by backtesting it. Maybe on bullish divergences too. I haven't arrived at that chapter yet.

"A slight divergence pattern in the RSI. 8/2 top 455,30 RSI 62,5480, 8/4 top 455,80 RSI 61,2210 . According to Brown y-(w-x)= 450,65-(455,80-455,30)=450,15. That will be just above 23,6% Fib. So what will next week be. First a target of 450,15." Hang on Pacito, you're describing a case of...

Clown, Are you referring to the negative divergence on the hourly chart? On the 15 minute chart things look a little bit different. There was some divergence yesterday on that chart and the correction it triggered may already be in the past. Just a thought. If the RSI on the 15 minute chart...