TNA upthrust on low volume: big boys drive price up to suck in buyers at the end of a run-up. HERE IS A PIC OF AN UPTHRUST:
THE FORMULA IN QUESTION PREDICTS AN UPTHRUST THE NEXT DAY, (i.e. 7 DAY BALANCE OF MARKET POWER LOW GRADIENT UPWARD REVERSAL-RISING CCI: TOMMORROW IS AN UPTHRUST). IT FAILED YESTERDAY AS A BLUE UP 6:24:06 FORMULA. IT WAS NOT FOLLOWED THE NEXT DAY BY AN UP & UPTHRUST DAY. SINCE FORMULA FAILED YESTERDAY, IT WAS DELETED.
THE FORMULA (IN COLUMN AXU ON EXCEL) WAS AS FOLLOWS: =AND(J705=6,OR(AES705=0,AES705>AES704),AXU704=FALSE,RIQ705>RIQ704,RIQ704=MIN(RIQ698:RIQ704),G705>3.47,G705<4.32), WHERE J IS THE LAST DIGIT OF THE TNA PRINT, AES IS THE TNA CCI(20), RIQ IS THE 3 DAY TNA BALANCE OF MARKET POWER LOW GRADIENT, AND G IS THE ABSOLUTE HIGH-LOW RANGE FOR TNA....THIS FORMULA WAS PREVIOUSLY POSITIVE ON TWO BLUE 6:24:06 DAYS: 3/31/2014 & 9/26/2011.
THE UPTHRUST IN SEPTEMBER 2011 WAS FOLLOWED BY A DOWNLEG IN TNA.
THE FORMULA IN QUESTION PREDICTS AN UPTHRUST THE NEXT DAY, (i.e. 7 DAY BALANCE OF MARKET POWER LOW GRADIENT UPWARD REVERSAL-RISING CCI: TOMMORROW IS AN UPTHRUST). IT FAILED YESTERDAY AS A BLUE UP 6:24:06 FORMULA. IT WAS NOT FOLLOWED THE NEXT DAY BY AN UP & UPTHRUST DAY. SINCE FORMULA FAILED YESTERDAY, IT WAS DELETED.
THE FORMULA (IN COLUMN AXU ON EXCEL) WAS AS FOLLOWS: =AND(J705=6,OR(AES705=0,AES705>AES704),AXU704=FALSE,RIQ705>RIQ704,RIQ704=MIN(RIQ698:RIQ704),G705>3.47,G705<4.32), WHERE J IS THE LAST DIGIT OF THE TNA PRINT, AES IS THE TNA CCI(20), RIQ IS THE 3 DAY TNA BALANCE OF MARKET POWER LOW GRADIENT, AND G IS THE ABSOLUTE HIGH-LOW RANGE FOR TNA....THIS FORMULA WAS PREVIOUSLY POSITIVE ON TWO BLUE 6:24:06 DAYS: 3/31/2014 & 9/26/2011.
THE UPTHRUST IN SEPTEMBER 2011 WAS FOLLOWED BY A DOWNLEG IN TNA.
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