The probability to get a short signal by the close is increasing to about 30%.
This means that as of now, there is 70% of probability that no short signal will be issued.
However, momentum is clearly in the direction of a short signal.
Pascal
The probability to get a short signal by the close is increasing to about 30%.
This means that as of now, there is 70% of probability that no short signal will be issued.
However, momentum is clearly in the direction of a short signal.
Pascal
We are now much closer from a short signal, especially with the negative divergences along the way.
However... Fed funny money still has the potential to turn the market on a dime or on many POMO dimes.
Pascal
Has a short signal been issued? Sophie
It needs to be confirmed with an 80% confidence level and we are at 50%.Originally Posted by Sophie
This is the probability that the signal will not reverse back before the close.
Of course, with the Fed funny money, any signal might reverse.
The confidence level message does not display automatically because of a bug.
We are correcting this and in the meantime, I will post a message when the signal will be confirmed.
Pascal
Confidence level now at 67%
Pascal
The short signal has been confirmed.
Pascal
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