Perhaps a bit early on this...to be saying bottom but here it goes.

The following is Speculation...based on prior observations , not backtested.

Generally these are good signals, marking a LOW.

In general you dont see new lows...off of the signal... but it usually see tests and retracements to these lows... if you get a break in the low discard the stock from the list.

---------------

(Signaltaps  formula posted and discussed many places)

L < ((3.05 * MINL15.7) - MAXH7.3) / 2 AND STOC12.5 < 10 AND L < L1

------------------

LowBreak  =  Low * .99 for a break.   More liberal breakage.  Or maybe use the Min(open,close)

Im using a Value generated list when scanning for the oversold so in general these stocks move flat to up. 

 Earnings Per Share (EPS) Rating
 Relative Price Strength (RS) Rating
 Industry Group Relative Strength Rating
 Sales+Profit Margins+ROE (SMR) Rating
 Accumulation/Distribution Rating

Simulated Ibd200 list.  With an over sold signal.  Using  signaltap indicator as oversold

ROC
WWD
LFUS
ATU
GRA
EXXI
LULU
SOA
PSA
AGN
TLK
FICO
GGG
SNA
MHP
MON
ITW
BKI
BWA
TMK
WAB
TWC
RYAAY
ASML
PX
THI
RYN
NSR
TCO
EL
BOH
MA
BTI
HOG
VMW
FMC
FISV
CBT
GWW
ABV
FEIC
TIBX
SPG
PXD
DEO
KLAC
ISRG
BEAV
MTD
GRMN
LTD
IT
TER
MSI
SM
RL
MXIM
APH
BAP
PCLN
TSS
SAP
DISH
CBL
VRSN
WPZ
FFIV

Off topic.

This list would usually be much fewer:

You get more of these signals in a market where the VIX is rising...duh. recently we have seen the VIX rising from 16 to above 25 and trading above its 15ma crossing the 30ma since 04/15

So, to be cautious and try to catch a longer trade cycle it may be prudent to wait for the VIX to at least close below the 15ma, and in general see the 15 ma in a downward trend before taking long positions but, if you want to swing trade these down trend this may give a long entry.

I dont like to Short from this list....just low percentage trade in general. 

sigtap w/ recovery
abs((L1 < ((3.05 * MINL15.7) - MAXH7.3) / 2 AND STOC12.5 < 10 AND L1 < L2) and (c > h1))

Symbols from TC2000  sp-500
EMC
CSCO
JPM
FLR
AIZ
TIE
FFIV
TIF

this big burst of UP got up because a double bottom printed on  the daily and week  S&P ( the one i'm familar with) Investor confidence has nothing to do with it. Looks like its going to continue the remainder of the week . I hope not.

  yea on the 3 min stochastic i get divergence , that means opposit. i get a divergence and true to form the next bar diverges. But how do i keep losing  in leaps and bounds?

Yea so the S&P  just stalls then i put in a market order and it start to move.    counter to by bet. but it moves  Y is that ? I'm on a simulator. How does the market know a sucker has come on board . This ain't a one shot deal  Evil Bot moves the Market for my one contract fake order.  Something ain't right there

It stalled again i better put a fake order in to keep it moving9;40esdt

Forget the instructions on  stochastic . Use the slow one for the long trend and the fast one for the short trend

If you get a divergence on a up bar in a down trend is the next bar going down  or up?

I'm getting no where quick on the 1-2 min. chart now I'm on the 15-30 min. chart

I'm in the hole in a split sec 300 dollars on good advise.  But advise has no bearing on the case when you are dealing with evil bot.  You don't think you are butting heads one to one with Mr. Bot ?  You sure are . You think you are safe in stocks . Not if you do your stock research  on any website. Like which one?  IBD, Vector Vest,. Seeking Alfa click on a penny stock at Cohen Research,  and thousand of other sites to include TradeStation. . I suspect a problem with TD AMerica trade as well . Guilty by asso. . What association ? Associated with TheStreet.com.  Pick out the most boring broker in town . Pick three of them, put their name in a basket and reach in and grab one  . That's the best chance you got. If they encourage day trading . Start shaking you may have picked the wrong one.   Don't shy away. from stock picks by IBD or the Street .com those things Blast off or implod. I haven't figured when to get out. Bill says 20% return. but I'v experienced the taking a 2 stock up to 70 dollars . Look at Chipotle and Green Mountain Coffee. unbelievable. both IBD Picks. Just remember who is in charge and that's isn't institutional traders . Hedge Funds or Joe six pack. specifically.   There is no mob  or crowd. No investors.  Forget that approach. Its You against him. That what you are up against.

30 min. S&P says down the 25min says turnaround The fifteen min. reverse signal. .. Approaching a double botom .  Evil Bot see that as well   10:58 ESDT

I apologize Evil Bot is making it happening of course he see it

I just shorted the S&P at the double bottom . On a divergence signal on the slow Stochastic.   the Fast showed a up move. on the 15 min chart    . instead of panicing i came over here.

The 45 min chart show down trend the 7 min. is printing a divergence on the Fast stochastic I'm in the red 200 dollars.

Good so far so  good. Evil Bot stalled it at 11;11 ESDT  giving me a chance to bail out. at only a 50 dollar loss . He knows me better than that . All or None . So far its ben none.

I got a divergence on the 14 min. Fast stochastic not much to go on .  75  buck to the good  But

Sold at a hundred dollars to the Good. Evil Bot gave that to me . it was his gift to give.  Just in time to the 45 min chart Fast Stochastic just signal a up move Its right at the double bottom. The first leg formed a 7 am this morning before the blast off.     OH that 100 dollars I just made is minus 30 dollars .5 dollar commision , in and out and difference in bid and ask 25 dollars in and out.

11;25 EVERY BODY GO TO LUNCH   That doesn't have an iota to do with it just like the excuse that the Asian Markets and the Eurepean Markets supply the volumn. at night time . Hog 'Wash.

Evil Bot?

Now for the Afternoon session

Barry Taylor of Emini-Watch says  the direction of the trend a 11 oclock is the direction of the afternoon trend . I don't know about Barry i ash can is indicators pretty quickly.. Let that be a lesson to other suckers come up with your own indicators . Just looki at the chart compare canned indicators with the chart. . and observe the relationship between the two  You can reconize Obama's face in a photo and you never have actually met him.  You can reconize relationship betwen indicators and the charts.. Don't learn nothing about nothing.   Just do your on lookin.

You got equal Up and down  volumn at the double bottom on the 45 min. Chart

that indicates a reversal. You got the double bottom and you got Barry Taylors observation that the trend was established at noon .  UP.    The 440 min. chart. both stochastics show a reverse. That means DOWN

Down, I thought you said it was going up?  Yes Down the Fib level for this run puts it at like 1276.00 on the S&P ESU12  I'm using.    That's  real close to the point that the slow stochastics leveled off   and has ben level since 10;30 pm night before last.  I haven't the slightest idea if that has any significant. but the Fid level of 78%  is at that price level Oh this is at the 180 min chart.

Yea but we got a double bottom on the Weekly and day chart 

Ok I've made my choice. We fake out to 1275 .00 this afternoon before heading up tomorrow for a beautiful week .. A beautiful week for evil bot . not me.

I say its coming down this afternoon  its 12;32 now  I'm not getting a clear signal on any bar for = up down volumn.  on the 201 min chart. not the 199 min. not the 204 min or the 180 min but the 201 min chart    I shot off my big mouth and Mr. Evil now know i check for the + up and down volumn.  That a major problem with message boards . This one included. .  Find a message board thats dead as a door nail and you my have found one that Mr. Evil dowsn't Troll.   Its 1;36  Barry was right you are wrong its going up.

Evil Bot knows exactly what I'm doing before i announce. it .He's reading my analysis on the TradeStation Screen. n Ain't nothing i can do about it.. Its a fact of life

I sit in front of the computer lie 20 hours a day . If something goes wrong with the computer I have to call the rescue squad to come pick me  up . They have to give me a double dose of percasets to keep me from having a panic attack when i don't have the computer at  

Oh there is three tops on the last 4 bars I take that back he just busted through the triple top. at 1317.00

you can forget about scalping the market unless you can get a better in and out price on the

bid and Ask than I can .  I'm going to nrack ou 400 dollars in in and out cost . and I ann't made no money to cover the cost.

I put a buy in and forgot about it it turned to red . I paniced and hit the wrong button to anull that order and doubled it . then hit it again  to anull those to and tripled it the a break even for a 90 dollar loss i anulled all three and the Bot cam to a halt.  Now you tell me that thing  doesn't have anything to do with a simulator and I'll eat my hat.

Its one 45 I haven't even posted this comment and Evil Bot has already read it . He waiting for nme to make a commitment . I 'm waiting for some other sucker to start the ball rolling . Unfortunally I'm the only player on the ESU12 and that on a simulator.

So If evil bot is generating all the volumn on the emini how is he going to make any money? I don't have all the answers. I figure its a loss leader and its primary purposwe  is to effect the chart of many companys.. If evil bot was racking in gondolla cars full of money don't you think the IRS would sniff a rat?  . I'm convinced , I think that there is really no traders ,  Except those in Evil Bot network. and therefore each trader has the inside scoop from Evil  Bot's parent. . they make some money doing that but make most of their money as Gurus. , Selling indicators books giving lectures . You would think one of them would crack. and spill the beans .  May be they have but they got locked away in a nut house because who in there right mind would believe them. I wouldn't.

I've had it I got to get out of here and establish me a stock account. With the most boring broker in town.  Then when I lose my account I can cry to Obama that George Bush made me do it he and his crooks took all my money. George Bush promised 12% return yearly on CSpan one time . How are you going to. get 12% if you arn't going to gamble?  That's what I'm talking about George Bush and Dick cheny forced me into it   Where are all the great American Heros like John Wayn.

John Wayn?        Yea john Wayn a great American Hero       Where you get that from?        He died at the Alamo , I don't know I read it somewhere in a Yahoo news story. It must be true. Shouldn't it? 

     .

 Now I see the problem I can't  interpert my own indicators.

For those who have a platform that show  up and down vol on a siingle bar. Look for ;

53,438  compared to 63,783    or    7,320 to 320    sort of the same numbers but not even.  that reversal pattern has been creeping in for say 6 weeks  and my become a new reliable reversal signal

We are not competing against each other as much as we are competing against evil bot and I want a more level playing field for the Wee people against the evil People.

Lets join together in our separate ways to prevail over this evil enity.