Hi Zeelotes,
You mentioned “It goes without saying that the six percent change in the value will fire first. The 6.00 rise in the value itself will fire later. I see the one as the initial signal and the other as the confirming signal.”
So, would you wait for the confirmatory signal (The 6.00 rise in the value itself will fire later) before acting on this short term bottom signal?
And if you did buy after the 2nd confirmatory signal fires, when would you sell them, since you mentioned this was a short term signal.
Please note that I am asking purely from a desire to learn and understand these things, and not questioning it.
Thank you,
Charlie