No. of Recommendations: 1
Arindam,

Per your rules, you'd wait a day before making a move.

as shown on the SLV chart, it is still a waiting game for it might still be going downtown. It is the following day that we are looking for a commitment. Sofar SLV appears to be in a stagnant mode or what we call channeling with an operating range between 16.25 and 16.95.

go to the tools tab and click on Horizontal Line and place in near the 16.25. Edit it with the real amount in purple (my favorite clour) and then repeat again for the upper band.

If it is in the way you can always remove it.


in review for the rail boids who are perched on the rails.

When ARC aka Smiley Face appears :

1 ) If over Bought (top), we wait and wait until the next day when it drops a little from the high to SELL the stock. SLV 9/24 date and observe.

2 ) If over Sold (bottom), we wait and wait until the next day with the price rises upwards to BUY the stock.

https://www.barchart.com/stocks/quotes/ROKU/interactive-char... 2M chart, 9/30/19 a buy signal and observe.

I have been calling it Simon Sez II.
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