Wednesday, September 02, 2009

Just-Charts Wednesday

SPX 30 minute



SPX 90 minute



SPX Weekly



SPX 30 minute Renko




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4 comments:

Anonymous said...

re: SPX 30m, is it true that it has not yet trigger "EXIT", but for BWT, it has triggered twice already. Charlie

Allan said...

Charlie: It's a software quirk, when Blue Wave and the ATR_TrailingStop system both generate signals at the same time, only one label, usually Blue Wave's, is able to appear in the space alloted on the charts.

Follow the solid navy line, that's the ATR line. Notwithstanding the labeling on the chart, If prices are above it, ATR is on a BUY, if prices are below it, ATR is on a SELL.

Anonymous said...

Wow, thanks Allan, it is important to know, otherwise, I would wait for both to appear to confirm my own "SELL". Charlie

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ROB G