Seven Sentinels Sell Signal
#11
Posted 18 August 2009 - 11:25 AM
#12
Posted 18 August 2009 - 12:00 PM
Cirrus, how could you call this a new bull market, just take a look at the volume, and that's with high frequency trading, PPT working full time, etc.
The only buyers are the now infamous Cheif, his accomplice Humble and maybe you , IT and IYB ...oh! sorry he's back on our team again.
http://stockcharts.c...p...4&listNum=1
GS.
I have stated before I use the 50wema for the major indexes (SPX, R2K, NDX). The averages have to be above them and the EMAs have to have a positive slope. All three indexes now meet my requirement for a "bull maket" trend. I don't do really much different. It just puts a wrapping on the context of the market.
#13
Posted 18 August 2009 - 12:08 PM
#14
Posted 18 August 2009 - 12:13 PM
#15
Posted 18 August 2009 - 01:49 PM
PPS...I've got a target of at least spx 967...providing we don't get a 15 min bar close over 994.50
PS..if checking out my blog...I've screwed something up...a bunch of charts are lined up to the right after scrolling down a bit...I'm trying to get them stacked..
#16
Posted 18 August 2009 - 02:59 PM
Intraday SPX 992-93 is tough resistance. Let's see what happens after that, if at all we get there.
I've got my eye on OEX 460.30 fwiw
ps..with a possible impunitonic c=a at 990 es......and vxo fills a gap at 25.88
...sorry...missed by a penny on oex....better take me out and shoot me!!.....then throw my body face up so the DuhCheif crowd can blow me too...
#17
Posted 18 August 2009 - 03:21 PM
#18
Posted 18 August 2009 - 03:28 PM
#19
Posted 18 August 2009 - 03:44 PM
anyone add on the shorts at close???
I remained short after the ABC correction Today.... more down Tomorrow, not sure how far, could be a 5th of C down or 3rd of 3 down, who knows but down it is after the textbook ABC up Today.
GS.
#20
Posted 18 August 2009 - 04:07 PM
I added X short. United States steel at $44 today. Looking for about $38anyone add on the shorts at close???