grimweasel
Short

UKX short based on possible completion of TD Sequential 9 Sell

TVC:UKX   FTSE 100 Index
If today's close on the FTSE 100             (UKX) closes higher than the close 4 bars prior then we will have TD             Sequential 9 count sell signal. One can then place orders below the low of the 9 Bar short, with TP at the TDSL (horizontal support from the low of the no1 bar of the 9 count). Should price continue higher we could see a TD             13 count develop. If we see a 13 print (each bar must be higher close than the one 2 bars prior, but not sequentially) then I would short the low of that bar until we see a TD             Sequential 9 Buy print in the opposite direction.
Comment: Still heading lower I think. The 9 Count is still valid. Await first Red 1 to sell short, or await TD Countdown 13 for higher entry
Comment: The first DeMark 9 Setup is now on bar 10 of a DeMark countdown of 13. We have also had a second 9 count sell set-up. Either await the 13 print or trade the first bearish flip that produces a 1 buy setup count and short below the low of that bar. UKX will be heading down soon
Comment: If we close here today, we have a DeMark 13 Countdown print after the 9 Sell SetUp, at resistance, which is a strong signal. Short the low of the 13 bar to TP1 at 7214


no 13 here.
Reply
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out