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TA Challenge: How to identify the turning point with TDS 9?
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TDS9 Indicator

Thanks moomoo for introducing us to the new indicator! It's interesting and accurate on certain instances (while some are not). I feel it's more accurate to be used on the index instead of individual stocks. Anyway, it's a good indicator for me to avoid a FOMO trade!
TDS9 Indicator = turning point happens the next candle after the "9" candle
Test case 1: $Apple(AAPL.US)$ (failed?)
It managed to identify that it has bottomed out in early Jan. Based on TD9, the uptrend supposed to take a break in late Jan but the stock continues to go up..
TDS9 Indicator
2. $S&P 500 Index(.SPX.US)$ (quite accurate)
It managed to identify the bottoms and tops a few times in early Sep, late Sep and late Oct. Seems like market is going for a short reversal in the coming few days!
TDS9 Indicator
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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