Nasdaq is sitting on 20 week MA (2030) that usualy provides a strong support, at least for a bounce
3 black crows
Started by
Chart Guru Doug
, Jan 22 2005 06:07 AM
65 replies to this topic
#11
A-ha
-
- Traders-Talk User
- 5,875 posts
Member
Posted 22 January 2005 - 01:17 PM
Nice candels but you scaring me man ...
Nasdaq is sitting on 20 week MA (2030) that usualy provides a strong support, at least for a bounce
Nasdaq is sitting on 20 week MA (2030) that usualy provides a strong support, at least for a bounce
#12
Chart Guru Doug
-
- Traders-Talk User
- 2,789 posts
Member
Posted 22 January 2005 - 01:20 PM
By looking at these charts, I have to agree that a bounce is likely, probably a low risk trade if entered Monday. I think Mark put it quite well above....Nice candels but you scaring me man ...
Nasdaq is sitting on 20 week MA (2030) that usualy provides a strong support, at least for a bounce
Either way, I get a feeling you will handle it skillfully!
I am not your registered investment advisor. This is not a recomendation to buy or sell. This is my opinion and that is all. I may be long or short any security and change my position at any given moment in time. Do your own due diligence before investing any of your own financial assets.
#13
Chart Guru Doug
-
- Traders-Talk User
- 2,789 posts
Member
Posted 22 January 2005 - 01:24 PM
BTW
can anybody find three black crows and a rally on the indu chart? Be sure the last crow closes on/near its lows.....
I am not your registered investment advisor. This is not a recomendation to buy or sell. This is my opinion and that is all. I may be long or short any security and change my position at any given moment in time. Do your own due diligence before investing any of your own financial assets.
#14
SemiBizz
-
- Traders-Talk User
- 23,208 posts
Volume Dynamics Specialist
Posted 22 January 2005 - 01:29 PM
DJIA is playing catchup... here's the first set of crows from early January...
http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$nya,uu[m,a]daclyyay[da][pb50!b200][vc60][iub14!la12,26,9]&r=9350.gif
http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$nya,uu[m,a]daclyyay[da][pb50!b200][vc60][iub14!la12,26,9]&r=9350.gif
Edited by SemiBizz, 22 January 2005 - 01:33 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
#15
Chart Guru Doug
-
- Traders-Talk User
- 2,789 posts
Member
Posted 22 January 2005 - 01:35 PM
That does appear to be typical of what happens with them buzzards, nice find....DJIA is playing catchup... here's the first set of crows from early January...
http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$nya,uu[m,a]daclyyay[da][pb50!b200][vc60][iub14!la12,26,9]&r=9350.gif
I am not your registered investment advisor. This is not a recomendation to buy or sell. This is my opinion and that is all. I may be long or short any security and change my position at any given moment in time. Do your own due diligence before investing any of your own financial assets.
#16
SemiBizz
-
- Traders-Talk User
- 23,208 posts
Volume Dynamics Specialist
Posted 22 January 2005 - 01:36 PM
In fact there are crows nearly everywhere ....
http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$sox,uu[m,a]daclyyay[da][pb50!b200][vc60][iub14!la12,26,9]&r=1537.gif
http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$sox,uu[m,a]daclyyay[da][pb50!b200][vc60][iub14!la12,26,9]&r=1537.gif
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
-
- Traders-Talk User
- 23,208 posts
Volume Dynamics Specialist
Posted 22 January 2005 - 01:38 PM
Bearish patterns are something I understand 
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
-
- Traders-Talk User
- 23,208 posts
Volume Dynamics Specialist
Posted 22 January 2005 - 01:48 PM
My apologies for my lack of IT skills, but if one of you fine gentlemen pull up the daily on INTC, you'll see 3 crows starting on 7/15/04... I think you'll get a good idea of what the implications are for the pattern...
Thanks
SB
Edited by SemiBizz, 22 January 2005 - 01:54 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
#19
Chart Guru Doug
-
- Traders-Talk User
- 2,789 posts
Member
Posted 22 January 2005 - 01:49 PM
I can't give that one a crow status, note the difference where the bodies open and close.In fact there are crows nearly everywhere ....
http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$sox,uu[m,a]daclyyay[da][pb50!b200][vc60][iub14!la12,26,9]&r=1537.gif
I am not your registered investment advisor. This is not a recomendation to buy or sell. This is my opinion and that is all. I may be long or short any security and change my position at any given moment in time. Do your own due diligence before investing any of your own financial assets.
#20
SemiBizz
-
- Traders-Talk User
- 23,208 posts
Volume Dynamics Specialist
Posted 22 January 2005 - 01:50 PM
I can't give that one a crow status, note the difference where the bodies open and close.In fact there are crows nearly everywhere ....
http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$sox,uu[m,a]daclyyay[da][pb50!b200][vc60][iub14!la12,26,9]&r=1537.gif
are we looking at the last 3 candles ?
Edited by SemiBizz, 22 January 2005 - 01:51 PM.
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
![http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$nya,uu[m,a]daclyyay[da][pb50!b200][vc60][iub14!la12,26,9]&r=9350.gif](http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$nya,uu[m,a%5Ddaclyyay[da%5D[pb50!b200%5D[vc60%5D[iub14!la12,26,9%5D&r=9350.gif){kind=link}
![http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$sox,uu[m,a]daclyyay[da][pb50!b200][vc60][iub14!la12,26,9]&r=1537.gif](http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$sox,uu[m,a%5Ddaclyyay[da%5D[pb50!b200%5D[vc60%5D[iub14!la12,26,9%5D&r=1537.gif){kind=link}