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Quote from mcgene4xpro:

Hi, very interesting thread. However, do you know any reliable indicator for detecting consolidation market?
Thanks
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Thanks,

I dont use much indicators. CCI for overbough/oversold and for divergence, volume and moving averages for trend. That's all. Pace is one big important part for me and there I will see how strong oor weak action is, or if is range (consolidation. It is hard to explain all in few words here but if you are interesting for more send me private message.

Hope this help

Ivica
 
Quote from IvicaJ:

Thanks,

I dont use much indicators. CCI for overbough/oversold and for divergence, volume and moving averages for trend. That's all. Pace is one big important part for me and there I will see how strong oor weak action is, or if is range (consolidation. It is hard to explain all in few words here but if you are interesting for more send me private message.

Hope this help

Ivica
More...

Hi Ivica,

I have sent you a pm.
Thanks

McGene
 
SPY trading at yestreday low...We can see SDS chart on watch list email and today SDS break above yesterday high can lead in to several day's correction.- I will look for that possibility and because of that I post SDS trading plan
 

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