A big sell that does not look like a sell
Started by
punter
, Jun 01 2015 11:12 PM
43 replies to this topic
#11
SemiBizz
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Volume Dynamics Specialist
Posted 02 June 2015 - 09:35 AM
Over the falls on STRONG HOURLY VOLUME this morning...
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
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
#12
punter
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Posted 02 June 2015 - 10:11 AM
Over the falls on STRONG HOURLY VOLUME this morning...
the mighty dollar still has upside.
Keep Calm and be Long
My opinion on markets, or anything, is a health hazard. Follow or fade at your own risk!
#13
SemiBizz
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Volume Dynamics Specialist
Posted 02 June 2015 - 10:18 AM
Over the falls on STRONG HOURLY VOLUME this morning...
the mighty dollar still has upside.
Exactly, Volume on the daily is well short of benchmarks...
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
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
#14
SemiBizz
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Volume Dynamics Specialist
Posted 02 June 2015 - 11:58 AM
OK so here we go, the DISTRIBUTION POINT for some time now has been Nasdaq 5100...
5096 here
From Today's Nasdaq:
OK, so some importance Is attached here to the 5100 level, we had a high of 5099.40 Friday and a high of 5099.01 today, failing to test on lighter volume - so essentially that test is still available and Nasdaq closed just under 5083 or up about 13 pts for the day's lighter volume.
5096 here
From Today's Nasdaq:
OK, so some importance Is attached here to the 5100 level, we had a high of 5099.40 Friday and a high of 5099.01 today, failing to test on lighter volume - so essentially that test is still available and Nasdaq closed just under 5083 or up about 13 pts for the day's lighter volume.
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
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
#15
punter
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Posted 02 June 2015 - 12:06 PM
OK so here we go, the DISTRIBUTION POINT for some time now has been Nasdaq 5100...
5096 here
From Today's Nasdaq:
OK, so some importance Is attached here to the 5100 level, we had a high of 5099.40 Friday and a high of 5099.01 today, failing to test on lighter volume - so essentially that test is still available and Nasdaq closed just under 5083 or up about 13 pts for the day's lighter volume.
they really grind it to the point of death. The whole greece saga is simply taking too long to play out. Another day of rotating tomorrow. I need a vacation after this correction. It's simply relentless grinding. Just finish it.
Keep Calm and be Long
My opinion on markets, or anything, is a health hazard. Follow or fade at your own risk!
#16
SemiBizz
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Volume Dynamics Specialist
Posted 02 June 2015 - 12:36 PM
OK so here we go, the DISTRIBUTION POINT for some time now has been Nasdaq 5100...
5096 here
From Today's Nasdaq:
OK, so some importance Is attached here to the 5100 level, we had a high of 5099.40 Friday and a high of 5099.01 today, failing to test on lighter volume - so essentially that test is still available and Nasdaq closed just under 5083 or up about 13 pts for the day's lighter volume.
5100.02, time to sell...
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
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
#17
SemiBizz
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- Traders-Talk User
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Volume Dynamics Specialist
Posted 02 June 2015 - 12:37 PM
OK so here we go, the DISTRIBUTION POINT for some time now has been Nasdaq 5100...
5096 here
From Today's Nasdaq:
OK, so some importance Is attached here to the 5100 level, we had a high of 5099.40 Friday and a high of 5099.01 today, failing to test on lighter volume - so essentially that test is still available and Nasdaq closed just under 5083 or up about 13 pts for the day's lighter volume.
they really grind it to the point of death. The whole greece saga is simply taking too long to play out. Another day of rotating tomorrow. I need a vacation after this correction. It's simply relentless grinding. Just finish it.
Take off to Macau, that brand new Galaxy opened last week, they are practically giving the rooms away... a little over $100 US
Edited by SemiBizz, 02 June 2015 - 12:40 PM.
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
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
#18
SemiBizz
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Volume Dynamics Specialist
Posted 02 June 2015 - 01:27 PM
See the low on RUT?
1243.30
From Today's RUT Forecast:
at this point we still see 1243.33 as the active support here as it was tested and rejected again today...however we could turn right around and test it again.
This was the buy today...
and This was the sell:
Posted Today, 08:58 AM
OK so here we go, the DISTRIBUTION POINT for some time now has been Nasdaq 5100...
within 3 cts of target on either side...
Not too bad. This volume methodology works well...
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
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
#19
opinionated
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Posted 02 June 2015 - 01:38 PM
Fantastic work Semi...
wish more of it would have sunk in those days in chat when you tried to show me! Double dam... im short rusty now looking for a breakdownin the next few days.
Best
#20
SemiBizz
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Volume Dynamics Specialist
Posted 02 June 2015 - 01:41 PM
Fantastic work Semi...
wish more of it would have sunk in those days in chat when you tried to show me! Double dam... im short rusty now looking for a breakdownin the next few days.
Best
Just bought some TZA down here at 9.75 myself.
We'll see but I think RUT is carving a new trading range here...
Need to see a close under that 1243.33 to confirm.
VST we have that hourly NAS 5079 holding it up here.
Edited by SemiBizz, 02 June 2015 - 01:47 PM.
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
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
