DreamboatAnnie's Account Talk

[DreamboatAnnie]

Finally...wheww...here are charts before the noon cutoff. Best Wishes! :smile:

 

[mmk119]

I agree with you on the MACD, the normal settings are too slow. I change the calculation numbers to 8,13,9. it triggers a lot sooner.

never heard of using the 7, 10, 13 & 48 EMA cross over. i'll look at that.
thank you

Max

 

[DreamboatAnnie]

Here are charts just after Noon cutoff. Best wishes! :smile:

 

[DreamboatAnnie]

Hi MMK,
The reason I use the 7, 10, 13 and 48 day EMAs is because there was a study some years back that showed that a cross over of the 13 over or under the 48.5EMA was the best cross over for a long-term strategy that gave you the most earnings. I personally like the 7 and 10 days cross overs since I like a shorter-term strategy for entry and exit. There are so many things to consider it can be over whelming but I do like to see at least two of three indicates being positive... such as RSI going above 50 and Stochastic moving above 20 at the same time.
MACD is a bit slow to rely on for entry, but it is a good indicator to get you out as a drop dead exit point. I also look at MACD historgram bars... to show momentum.

Best wishes to you! :smile:

 

[mmk119]

DB. First, hope you had a great weekend and thanks for the charts. Second, you've probably covered this before; but, I was just wondering why you include the 7, 10 and 13 moving averages in your charts? is it a window envelope type thing? thanks.

 

[DreamboatAnnie]

Charts before noon cutoff. Best Wishes! :smile:

 

[DreamboatAnnie]

Charts before noon cutoff.

 

[DreamboatAnnie]

Charts before Noon Cut-off. Best Wishes!

 

[DreamboatAnnie]

Charts at noon cut off.

 

[DreamboatAnnie]

Charts before noon cut off. Looks good today...but has not recovered yesterday's loss. Which way is it going?
Best wishes to you all and have a great weekend! :smile:

 

[DreamboatAnnie]

Thanks for the ataboys! Here are charts before noon. Remember that Black Candles are priced at the bottom of the candle if it remains until COB. Best Wishes!

 

[dannyboy]

Thanks for pointing out those observations as well as the other stuff you do.
db

 

[mmk119]

good info. thank you DB. :headbang:

 

[DreamboatAnnie]

Charts before noon cutoff. S Fund has crossed down on RSI and I like to pay attention to that when it drops below 70. Also, MACD histogram bars (momentum) has been going down for all funds for a few days. I finally had time to draw in the line. Best wishes! :smile:

 

[DreamboatAnnie]

Your Welcome Ravensfan! :smile:

 

[ravensfan]

Nice charts DBA! Thank you for sharing.

 

[DreamboatAnnie]

Charts at noon.

 

[mmk119]

Just when you think you've read the crystal ball. Mr. Market say... :nono:

 

[DreamboatAnnie]

Charts before noon cutoff. Best wishes to you all and have a great weekend!

 

[DreamboatAnnie]

Yep. Market is tough to navigate. Maria Bartiromo had someone on yesterday morning that said the market is going to continue up because of liquidity in market. Guy on her show said it was a one two punch with Fed (Powell) "slowing" [reducing] quantitative tightening by "$35B" each month "starting May 2024" and Treasury (Yellin) "delaying initial retirement of T bills" by "183B. Also said there would be a 3rd quarter surge and a net of $237B would be flowing into the economy. Guy said real wages are going up, consumers are still doing good and do not see this rolling over (i.e. to reduce spending), and household wealth up 8% since last year. hummm???
They said effect would be that (1) "rates will go down", (2) "dollar gets weaker, which has effect on long duration stocks", and this is an "important fundamental dynamic"

Hummm.... yet others like Warren Buffet have tons of money on the side waiting for a 30% drop.
Who knows what will happen?

Noticing how I fund is up. humm...