Light volume bounce followed by RENEWED VOLUME OFF THE TOP...
1166 CONFLUENCE - Disrespected Fibonacci Resistance test + ABC DOWN target...
1211 and 1203 critical support levels here.
Edited by SemiBizz, 17 November 2016 - 01:52 PM.
7 replies to this topic
#1
SemiBizz
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- Traders-Talk User
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Volume Dynamics Specialist
Posted 17 November 2016 - 01:50 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
#2
SemiBizz
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Volume Dynamics Specialist
Posted 17 November 2016 - 01:55 PM
Those XX.618s usually are going to get respect one way or the other...
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
#3
SemiBizz
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Posted 17 November 2016 - 02:04 PM
There's a gap fill on the daily at 1160...
Just all kinds of reasons to go down there and test that area...
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
#4
kssmibotm
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Posted 17 November 2016 - 02:13 PM
Based on Fib projections, I have 115 as my first downside target for GLD. If that fails, then 112.4 is the next target. That should be about 1160ish for gold futures.
People think the Holy Grail is something looked for but never found. In fact, it is something often found but rarely recognized.
#5
SemiBizz
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Volume Dynamics Specialist
Posted 17 November 2016 - 02:18 PM
So we have a lower low now on the gold contract 1210.50...
and now the bounce...
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
#6
SemiBizz
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- Traders-Talk User
- 23,208 posts
Volume Dynamics Specialist
Posted 17 November 2016 - 02:27 PM
US $ is ON FIRE....
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
#7
tommyt
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Posted 17 November 2016 - 04:18 PM
"US $ is ON FIRE...."
like the banks...en fuego
#8
Charvo
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Posted 17 November 2016 - 06:43 PM
Post rate hike low? The end of the year bottom has been a trend for the past few years. It could be because China credit starts up again after the new year.
