OK been trying to use some of mchughs stuff coz he doesnt put...

  1. 2,463 Posts.
    OK been trying to use some of mchughs stuff coz he doesnt put his letter out till around our market closing time and using the 15.3.3 stochastic he uses the 15,30 and 1 hour DJIA chart seems to show the stochastics bottoming at close last night (this morning) and crossing back up. I note when this occurrs he often suggests the DJIA could rise in next session (I dont mean to the moon and that everything is good - just rise) Now I aint made a study of this but it seems to follow often enough that we get an arvo rally after an am fall.

    Wink - others doest this add up?
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.