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Hi Ben,
The Bollinger Bands show similar when compressed but when extended over a
longer time frame, it does not look as bad.
What you have appears proprietary. What would it look like if you
extended the time to one year...or two years?
Sallie
> I have attached a gif of my long term trading
>
> this indicator is used for a position trade of 1-3 weeks
>
> it is designed to let you know of when NOT to be greedy
>
> it is suggesting to take money off the table
>
> (now that does not mean we will not make a higher high, but, )
>
> max upside for now is 10 sp points
>
> NASDAQ
>
> the picture is more immediate
> and if it is up more than 10 I would short it via qqqq
>
> (stop loss 25 cents)
> Ben
>
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