These things can get surgical when they get on a roll.
There are a lot worse places than here to be long a put. Note the bad CO numbers in the previous post for x03.
9/10/20 Probable x03 Now
Technical Commentary on US Equities
Technical Commentary on US Equities
These things can get surgical when they get on a roll.
There are a lot worse places than here to be long a put. Note the bad CO numbers in the previous post for x03.
what is the CO number? is it the return from today’s close vs. tomorrow’s open? or tomorrow’s close vs. open?
It is the natural log return of holding from today’s close to tomorrow’s open.
If time in the market is not broken down by days, this information as well as HLd is lost. Statistics considers it “noise.”