You know once these fibs are exceeded and retested, you are usually good to go to the next notch up...
Sometimes they waste no time in getting there...
Especially on holiday trade, like today.
Caution is advised.
The Dreaded, Dirty Dragonfly tonight SPX, SOX.
Started by
SemiBizz
, Jan 12 2017 06:44 PM
17 replies to this topic
#11
SemiBizz
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Volume Dynamics Specialist
Posted 13 January 2017 - 12:00 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
#12
SemiBizz
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Volume Dynamics Specialist
Posted 13 January 2017 - 12:01 PM
As long as we go higher now, we have no price and volume history in the deck to establish a resistance, except what is being generated in real time.
So the sky's the limit and let Fibonaccis be your guide !!
Cheers, everyone have a nice weekend...
Edited by SemiBizz, 13 January 2017 - 12:03 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
#13
K Wave
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Posted 13 January 2017 - 12:18 PM
And there goes Dow into the red....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#14
K Wave
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Posted 13 January 2017 - 12:19 PM
thing was acting like crapola all morning...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#15
K Wave
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Posted 13 January 2017 - 12:20 PM
Nice conjunction of geocosmic and technical action...
I think bears finally got the ball for a least a bit now....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#16
SemiBizz
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Volume Dynamics Specialist
Posted 13 January 2017 - 12:52 PM
Sure is a lotta jitter in these currency trades...
These moves are fast and furious...
Is it just changeover of power here or is there something bigger underneath driving it?
Until that story gets unwound, equity market going to stay on a bid
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
K Wave
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- Traders-Talk User
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Member
Posted 13 January 2017 - 03:50 PM
bears still not showing much....thought they might be able to get YM under 19800 at the close, but looking very iffy at this point...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#18
SemiBizz
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- Traders-Talk User
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Volume Dynamics Specialist
Posted 13 January 2017 - 03:53 PM
Dragonfly Drones piloted north...
SPX and SOX closing up...
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
