Hi
@ddwnYes, saw a nice day for holders & traders of MSB
Ok. Some charts then.
Had half hour to kill so as below with some explanations about them to help others maybe put a picture together of the charts as well....or could be just long posted waffle I guess depending on how inclined
The same last 3 plus a previous daily Kumo with the parabolics on it I posted awhile ago plus an hourly with a couple of other indicators testing - one with rockets I thought was good value
Rather than choke the charts with more comments I have just numbered areas on each for today and will put short explanation in the post. GLA
1. As previously indicated the other day, SP hit up into that poss resist area. Have added some prev pivot point extensions (blue lines) to just also highlight areas left of current that can come into play. Current HA candle (remembering HA calc is diff than normal candle / bars) showed a 2.5 x relative volume and SP almost through the area.
2. Vol splits are approx's but are calculated on 15 min intervals consolidated for the day to effectively show intraday within the day and can see indicative buy / sell. Volume always important as effort v result.
3. The combined MACD / BB / Keltner indicator has been rising as we saw & broke upwards indicating the current move.
4. This one is a scaled back Kumo & just the conversion line (Tenkan) to show simple crosses & poss supp / resist plus a RSI style calc in the background for the horizontal OB / OS areas. As pointed out the other day, the Tenkan was just moving into the Kumo (resist) & now trying to BO.
1. The week ended with a bit of a FA bang pushing the HA candle through the Kumo (after a mid week retest as prev post mentioned) and up toward that black horizontal dynamic FIB based resist line. HA candles are always nice with long bodies and upper wicks ok as shows bulls pushing further up. Must also note that this wasn't a gradual trend change but a one week move based primarily on FA catalysts & still some potential overhang to the left.
2. Combined BB / RSI / Wilder is slower moving on the wkly esp on a quicker rev as explained in 1 but is turning. Want cross centre for more upward longer trend.
3. RSI Bias similar to 2 but moves a little quicker. Can see blue / red bias in alignment with the HA candle moves & when indicator tends to sit more between the black lines, then SP tends to range more so.
4. Crossing 50 now. Is a distance to 50 MA indicator.
1. Weekly & Monthly multi time frame boxes still showing bullish obviously with the break above the smoothed HA which still have slight bottom wick atm even against the FA driven move upward & gap up.
2. Again, vol on 15 min calcs so whilst buying pressure pushed SP up there is still a wider spread bar that bears drove into as well. A finish on the high effectively is still nice.
3. That vol momentum indicator playing with also shows / aligns a bit to the volume indicator as can see whilst SP rose there was some background bear momentum. Most likely expected with the push into prev resist areas & some overhang above to work through.
4. Simple MA Oscillator for crosses / tightening & also colours the SP bars same for bull / bear bias.
1. SP hitting up into Kumo resist area. Kumo is thinner here so if can push through with some vol then great. Generally accepted the thicker the Kumo the more resist or supp if breaking down from above. Again some dynamic FIB derived supp / resist areas as horizontal lines.
2. Vol splits as per prev charts.
3. MACD / BB / Keltner indicator as chart 1.
4. Same BB / RSI / Wilder indicator as per the wkly chart 2 # 2 but can see diff responsiveness in a daily setting.
5. Same MA Osc as chart 3, just in a histogram.
1. Hourly chart with extended pivots to show some potential resist areas on way up plus testing indicator for entry / exits I thought you may like given the rockets (we often see on HC). Well I thought amusing add by the indicator coder
2. Vol splits again.
3. Linear Regression based bull / bear pressure (blue / red histogram) & poss direction (green / red line).
4. MA Osc same as other charts.
(20min delay)