Soon as discovered TA knew it was the way to go for trading and spent many months going thru dozens of indicators, systems, chart types etc etc but then had my eureka moment... go back to a very basic chart and use it as an invaluable guide only and NOT think precision... just probabilities... hence my earlier remark re 'gaps'
So for me it's simple and has worked spot on since my first entry here... basically old 1.4 - 1.8 channel hence 1.6 is the midpoint and 2.1 (hit on p@d on sept 17 as it first came down from 'overbought' to the channel and again yesterday) is where it needs to pass to signal sentiment has LIKELY changed...
Don't agree with the generally accepted high opinion on FA's worth re SC's and only use it for the medium to biggies where they have gotten past the 'sentiment rules' stage ...
I only check the financials at a basic level so as to avoid the SC CR death spiral that can occur and DO agree CXZ is well placed on that front so it's a nice relaxed hold ATM for me with 2.2 the number to gain my attention...
(20min delay)