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bobrabcd@xxxxxxxxxxx wrote:
>
> Here is an OEX five minute.gif to help Walt out with his FEAR indicators on
> intraday data.
>
> BobR
>
Bob,
Thanks for posting the GIF. I appreciate that. :)
All of your analysis looks pretty good. The FEAR and FEARfast
indicators are working out about as expected.
BUT.... I'm learning a lot about the FEAREnv. Evidently it can be
considered a form of resistence, but the more markets I look at,
the more I see some FANTASTIC breakouts once the FEAREnv has been
breached, and it is no longer horizontal.
The market is usually good for 3 plateaus before it
starts to fade. I've also seen this on the daily charts as well.
I'm also seeing alot of your standard 1-2-3 breaks on retracements
and breakouts. The market tries the level once, twice, and then
breaks through on the third attempt.
Interesting...........
Walt Downs
CIS Trading
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