We never front-run the bots that actually perform the top signal detection analysis but sometimes we like to get a possible progression perspective. Here is a chart snippet of SVXY (leveraged inverse vix) which shows two prior peak prints 1) and 2) and the relevant fractional extensions as they align with the daily macd print tops (filled ovals). The current print as of today may be approaching the number 1.0 using 0.0 and 0.38 as the extensions for the macd pk points i and ii (filled ovals). This is a very rough approximation as we are assuming these alignments with the macd. As stated, we wait for the bots to print out the top detection signal and do not use this estimate other than as a possibility.
Our bots will flag a "V" when they see a top.
Our favorite go to site- McVerry Report
This information is for entertainment purposes only. Financial loss can occur from investing.
No comments:
Post a Comment