You are welcome. Enjoy! I think of what you do as the belt and braces version of what that article describes We're all different I want to reduce things to the minimal amount of information needed.

US and Euro stocks mounting one more rally before crashing?

I've had exactly the same thought - Camarilla H3 at 26070.

US and Euro stocks mounting one more rally before crashing?

Thank you for detailed answer that clarifies things. Well done with your multiple tf and monitors approach I used to have three monitors, but found the cognitive load too much, so I'm down to two. And I use a Maci mini, so that the ...

US and Euro stocks mounting one more rally before crashing?

Thank you. Not sure I understand...For example, yesterday you posted a 90 minute chart with SMA100. Why add this timeframe? Why not put SMA150 on the hourly, or SMA300 on the 30 minute chart? I hope you don't mind the question

US and Euro stocks mounting one more rally before crashing?

I admire the way you derive tradable information from so many timeframes I would easily develop biases from having so many perspectives. So I'm sticking to the hourly and the daily. Both look bearish to me. It's just that the hourly is a good ...

US and Euro stocks mounting one more rally before crashing?

Yes, what happens during the Asian session is often a clue. The week started just like the week that initiated the December sell-off - with new highs on a Monday morning, continuing into the European session. So, on Monday I thought 'this is the ...

US and Euro stocks mounting one more rally before crashing?

GM - looks like the "crash" that the thread title is talking about might just happen today...a decent sell-off to below SMA200 on the hourly, at least.

US and Euro stocks mounting one more rally before crashing?

The Markov property, and independent increments - as you suggest - are presuppositions in the dogmatic version of the efficient market hypothesis. Those assumptions are not supported by market data. This can be seen by calculating the Durbin-Watson ...

US and Euro stocks mounting one more rally before crashing?

Instead of the usual market maker driven swings, it seems to have been end of month flows in Dow both yesterday afternoon and this morning. With the sunny and warm weather outside, I've concluded that there will be better days for trading

US and Euro stocks mounting one more rally before crashing?

Here's is one opinion. It does seem like it's time for a more significant move south.

US and Euro stocks mounting one more rally before crashing?

Indeed, under some conditions, but not generally, and not for asset prices. And your original quote stated that it was true 90% of the time for asset prices, which I still disagree with. Unless you do show the proof you claimed to exist. Also, I ...

US and Euro stocks mounting one more rally before crashing?

Where do you get your stuff from? They are not at all the same. The equation that you have copied and pasted describes the Markov property, i.e. that Markov processes are memoryless. AR-processes are not memoryless, as they exhibit auto-correlation, ...

US and Euro stocks mounting one more rally before crashing?

Thank you. I never discarded it. I said that market movements have little to do with it. Not quite relevant. The robots are programmed by humans, and are turned on and off by humans. Human psychology still applies. Not sure what you mean by micro ...

US and Euro stocks mounting one more rally before crashing?

Yes, from the narrow perspective of the stock market only, this is bullish, and we are likely to see impressive strength in the US indices for some time. But an inflationary recession is not going to be good for stocks. And the trigger for the crash ...

US and Euro stocks mounting one more rally before crashing?

Agreed. Whether it's at the next FOMC meeting, I'm not sure, but a cut will come. Traditionally, the CB mandates were to provide price stability by controlling inflation, and to smooth the economic cycle by providing monetary stimulus when the ...

US and Euro stocks mounting one more rally before crashing?

Thank you for allowing my opinion to exist Yes, that's the conventional Efficient Market Hypothesis garble that the market mechanism is about valuation based on available information. Then there's Andy Lo's Adaptive Market Hypothesis, which ...

US and Euro stocks mounting one more rally before crashing?

Yes, it looks like this is the end of the up move. May the selling commence

US and Euro stocks mounting one more rally before crashing?

The Dow took off from a nice bear trap down between upward sloping SMA100 and SMA200. Now consolidating around SMA50. Will this be the sell zone for the afternoon action? And DAX obediently went where the Dow went

US and Euro stocks mounting one more rally before crashing?

“5 points, I'll answer each one” Four, I think..About Mr Rees-Mogg we’ll have to disagree I’ll answer the other three. “Democracy is always flawed, but the alternative is a dictatorship.” No, the alternative is improved democracy. You can’t ...

US and Euro stocks mounting one more rally before crashing?

Yes, of course, that was the democratic process undertaken. But the fact that the outcome of the process created more division rather than less points to the democratic process being flawed. So, not only do we have a leadership vacuum - we also have ...

US and Euro stocks mounting one more rally before crashing?