Something is wrong with my Mirus data feed today. I have time based data but no range based data.

GaryD 

Something is wrong with my Mirus data feed today. I have time based data but no range based data.

That's weird. I haven't had any problems with my range charts. Maybe bad tick data?

In area of interest now. Expecting to break prior low, but then...

Edit: Expecting but not meaning I would go short here. This area is where I expect to learn something about the future direction.

[img]https://nexusfi.com/v/bkghtv.jpg[/img]

A lot of indecision in this area. The major trendline broke previously, but we are at a prior confirmed support zone, and the 618 alternate projection of the prior major wave down, plus the 618 retrace of the recent major wave up. Today's consolidation / range-bound action is somewhat expected right here.

[img]https://nexusfi.com/v/wrpfvr.jpg[/img]


Volume did catch price, but in this instance I am waiting for something more. This is the 3rd attempt at this zone headed down, and I want those stops below Friday's low pivot out of my trade range before I make any decision.

[img]https://nexusfi.com/v/brfy43.jpg[/img]


Both the 6 and 9 range say no long trade, and the support just below says no short trade.

And, while I have committed to watching an Ichimoku chart on a daily for the next year, I really have no idea what it says. lol

But to guess, it says long. The Tenkansen is above the Kijunsen, the Komo is increasing in size, the Chikou Span is above price action...


[img]https://nexusfi.com/v/zk9cu4.jpg[/img]

Also feeling the indecision on the S&P / equities.. broke previous week's low, but ran a lot of stops and went no further...

josh 

Also feeling the indecision on the S&P / equities.. broke previous week's low, but ran a lot of stops and went no further...

Not watching, but understandable. I don't trade well in consolidation. That really is like flipping a coin to me, even though the SR appears to be very well defined, it will break, and that is when the real volume starts to take notice.

[img]https://nexusfi.com/v/h6yun7.jpg[/img]


I would like to see crude test one of the red or green lines. I am still flat today, and in no hurry.