Jump to content



Photo

Anybody Looking at an Hourly Chart?


  • Please log in to reply
8 replies to this topic

#1 OEXCHAOS

OEXCHAOS

    Mark S. Young

  • Admin
  • 21,998 posts

Posted 22 August 2016 - 12:28 PM

The ES hourly chart is nuts!

 

If we were already down, I'd call this a sign of a turn, but tops aren't nearly so easy. So, do we take out 217300 this time?

 

Mark


Mark S Young
Wall Street Sentiment
Get a free trial here:
http://wallstreetsen...t.com/trial.htm
You can now follow me on twitter


#2 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 22 August 2016 - 12:54 PM

It's not that hard either, on the hourly chart... the strongest volume is at ???

 

The lows.


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

#3 alexnewbee

alexnewbee

    Member

  • Traders-Talk User
  • 1,459 posts

Posted 22 August 2016 - 01:08 PM

NDX as well.. Nuts
"we do G.d's work" Lloyd Blankfein

#4 OEXCHAOS

OEXCHAOS

    Mark S. Young

  • Admin
  • 21,998 posts

Posted 22 August 2016 - 01:11 PM

216300-215100 13 or 14 days ago, red stick.

 

Friday's closing hour was a pretty good volume red stick, but the big volume sticks are all opening trading, and most of those are green.

 

M


Mark S Young
Wall Street Sentiment
Get a free trial here:
http://wallstreetsen...t.com/trial.htm
You can now follow me on twitter


#5 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 22 August 2016 - 02:09 PM

Daily Chart says 2165.50 ...

 

8/17

 

Longer timeframes usually a more reliable indicator...

 

Entire markup from there is a bearish upthrust...  On top of untested high volume 2165.50 low.

 

May take awhile for this to give up though...

 

We need more 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

#6 NAV

NAV

    Member

  • Traders-Talk User
  • 16,087 posts

Posted 22 August 2016 - 02:46 PM

This market is a sight to behold. Must be a third wave !  purebs.gif


Edited by NAV, 22 August 2016 - 02:48 PM.

"It's not the knowing that is difficult, but the doing"

 

https://twitter.com/Trader_NAV

 

 


#7 blustar

blustar

    blustar

  • Traders-Talk User
  • 6,139 posts

Posted 22 August 2016 - 03:55 PM

Where's "Da Cheif"?


Edited by blustar, 22 August 2016 - 03:57 PM.

Blessings,

 

blu

BluStar Market Insights Subscriptions

 

 


#8 gm_general

gm_general

    Member

  • TT Member+
  • 1,653 posts

Posted 22 August 2016 - 05:47 PM

This market is a sight to behold. Must be a third wave !  purebs.gif

 

I think you meant "turd wave". devil.gif



#9 da_cheif

da_cheif

    Member

  • Traders-Talk User
  • 10,960 posts

Posted 22 August 2016 - 07:13 PM

This market is a sight to behold. Must be a third wave !  purebs.gif

you have laffing like that all the way up 12k worth