Your system is good. What I meant for TA is the general TA analysis not the specific tailored individual TA system like yours (such as the daily night reports from Cobra, did you see any indicator from Cobra's report to forecast a big up day is coming?).
I saw it from my system, I talked about it in the past few days in varies posts.
When SPY broke down 106.5 on last Tuesday, I saw it may go to 1040 very likely and possibly 1010. However, after a few days of "one day down and one day up" series from last Thursday to yesterday, things has changed a bit and I held neutral opinion whether 1010 is imminent or not before a meaningful bounce. However, I think bears still have some hope now even after today's huge up. My system still indicates a possibility that SPX may go to test 1010 within weeks.
I don't expect it went to 1040 level, I throught 1060 could be the target. so it is 20 points off.Bu ...
CoolMax 发表于 2010-9-1 19:51
Quite often I have seen LDs said my system did show some signals, etc. But unfortunately as frogs who want to learn systems, showing systems is very important for frogs to learn. Of course this is a tough topic.
Is it possible to see how some systems work to indicate top or bottom or no trend market is remaining or coming?