Thursday, September 30, 2010
Outcomes of Selected TNA Runs with CCI Divergence
The question is whether TNA Run 23, which has been characterized by a CCI Divergence, is completed and the market is on its way down. The light blue table summarizes four other runs with CCI Divergences, where the end date was designated as the last CCI value above 100 before it dipped below 100 for the final time. It is unknown whether this will happen for Run 23 tomorrow. The following parameters were present at the end of each of the four runs: Green AOs, rising and positive KHs, a TSI that rose over 10% from 5 days previously, a falling Demarker and a falling R squared (i.e. de-trending). These parameters are currently present for Run 23. AO, KH, TSI, Demarker & R square values are shown for the end date of each of the Runs. The 2nd table summarizes the % change in TNA 1,3,5,7 & 9 days later. The red row is the mean value for each column.
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