Nasdaq is all set to test 6300, on the way to the gap fill target at 6193...
There's nothing here until 6218 now... we can go straight down.
Fire and fury like the world has never seen? 
Nasdaq Still Holding Under 6371 Fib Resistance
Started by
SemiBizz
, Aug 05 2017 11:03 AM
Since 7/31
89 replies to this topic
#41
diogenes227
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Posted 10 August 2017 - 09:08 AM
"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).
“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”
"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."
#42
SemiBizz
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Posted 10 August 2017 - 09:10 AM
6274 GAP FILLED
6251 NEXT MINOR SUPPORT
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
#43
salam
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Posted 10 August 2017 - 09:11 AM
Well..I consider 2450 as pretty solid support... Till that breaks and we get a close below 2460... Bull gets the benefit of the doubt
Covered and net long now at 2452..... 28 Points locked in
I'm not sure what my future holds... But I know who holds it.
#44
SemiBizz
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Posted 10 August 2017 - 09:13 AM
Taking a triple on my OTM calls now at VIX 15...
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
#45
SemiBizz
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Volume Dynamics Specialist
Posted 10 August 2017 - 09:14 AM
Well..I consider 2450 as pretty solid support... Till that breaks and we get a close below 2460... Bull gets the benefit of the doubt
Covered and net long now at 2452..... 28 Points locked in
There's no solid anything man, build a fallout shelter... 
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
#46
SemiBizz
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Posted 10 August 2017 - 09:45 AM
Alright we had a low of 6267 - and what we have is that "Last day of extreme Volume" candle from 6/23... that one is the 6218 low I have been talking about...
This morning it broke into the high of that candle at 6269...
Rejected it, that's the short term bounce... to 6300 I believe...
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
#47
salam
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Posted 10 August 2017 - 09:48 AM
fast market ...took half profit on long (5 points)@ 57..planning to add to short with a 3 point stop at 59
I'm not sure what my future holds... But I know who holds it.
#48
SemiBizz
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Posted 10 August 2017 - 09:59 AM
Any bulls left should be plowing into SOXL, SMH or NVDA...
Since "everyone" expects blowout earnings...
I'm not going long these pigs, I hope it's good though so I can short chips tomorrow.
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
#49
SemiBizz
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Volume Dynamics Specialist
Posted 10 August 2017 - 10:34 AM
OK, operators trying to force a bottom here...
We just had higher low on stronger volume at 6269.80
43 cts over that 6/23 high...
See the point they are trying to make?
That's OK, that last low is still consistent with retest...
Semiconductors this afternoon, must nail tradeable low....
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
#50
SemiBizz
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Volume Dynamics Specialist
Posted 10 August 2017 - 10:46 AM
RETEST and FAILURE TO HOLD...
6251 test next.
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
