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RUT Tests "Phantom Print" from 12/23/13


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#1 SemiBizz

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Posted 01 July 2014 - 12:44 PM

From 3/3/14 RUT Forecast:

Now folks we did have "phantom" print on the RUT at 1213 on 12/23/13, and some of the charting systems still show that as real, while others filtered it out as they should have... stranger things have happened and we see the phantom print tested, just wanted to let you know about it...
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#2 Mr Dev

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Posted 01 July 2014 - 02:54 PM

GOOD POST.

.. .. ..
Mr Dev

......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!

#3 SemiBizz

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Posted 02 July 2014 - 08:55 AM

Careful, looks like they are trying to re-engineer it... I just saw a phantom print in the RUT futures a few min ago 100 pts higher, luckily this one was already filtered out. :P
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#4 SemiBizz

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Posted 02 July 2014 - 10:12 AM

Today's RUT Forecast:

Tuesday was a robust day for the RUT, not because it was up, but because we got some things tested, including the 1208 volume high, the previous high of 1212, and the bogus print from December at 1213. RUT made a high just 6 cts over the bogus print at 1213.55 and gave it up and closed at 1205.95. For the moment we can consider this a FAILURE, because it closed back inside the 1208 volume high candle, which offers a potential downside of 1192. If we should push back over 1208 though we're still looking at an uptrend
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#5 SemiBizz

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Posted 07 July 2014 - 02:36 PM

1192 Bagged and Tagged...
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#6 TTrader47

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Posted 17 July 2014 - 11:31 AM

Posted Image

SPY attempted to make a higher high since the 3rd and has failed so far...