SMC Update Week Ending 11-12-21 Recorded 11-13-21

11/13/2021


Comments (5)
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Optimus
Optimus

Thank you, Peter. Have a great weekend.

daniel039209
daniel039209

Question for Peter; Are you still carrying your Rydex inverse fund purchase made way back in July ? thanks in advance

Optimus
Optimus

Hi Peter, a technical question on which offset to use for BTCUSD 65-minute chart and 5-day nominal cycle.
Since it's 24x7, would I just use the next offset used for normal (for cash)? This would mean that I would use 21-24 offset for the 5-day cycle on a 65-minute. Wanted to get your thoughts on it. Thanks in advance.
As you know, the offset normally used for the 65-minute chart for a 5-day nominal cycle is 10.5 to 12; but, that's just for regular market hours. We have at least twice as many bars for the 24x7 timeframe of BTCUSD. So, I am just doubling it to arrive at 21-24 offset. Please let us know if this is correct.

Last updated

john smith
john smith

Peter, What are the projection on transport and DJA. You said DJA is more reliable with downside and upside during last sale off.

Hope you look at DJA and Transport on next updates.

Many thanks

XXSPOWER127
XXSPOWER127

MAYBE A T-SHIRT Monday since what you are saying is happening pre-mkt.

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