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BOP 55


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#11 mss

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Posted 20 May 2005 - 12:10 PM

B) I would be very supprised if it came below 1185+/- and 1178 a hard rest. IMO. :cat:
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#12 nebt

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Posted 20 May 2005 - 12:37 PM

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here is NDX, looks very strong...
Will let the market reveal itself, so that I may join its journey.

#13 EagleTrader

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Posted 20 May 2005 - 12:45 PM

here is NDX, looks very strong...

<{POST_SNAPBACK}>


exactly.... With max open interest at the cubes sitting at 36, they are trading at 37.5.. Not sure what the final games will be, but the option writers have 3 successive opex close away from them... :D

Thx for putting the chart up, same mssg from my stoch based systems...

#14 nebt

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Posted 20 May 2005 - 12:51 PM

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ET, above zero looks bullish as per chart...
Will let the market reveal itself, so that I may join its journey.

#15 nebt

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Posted 20 May 2005 - 01:11 PM

Posted Image
Will let the market reveal itself, so that I may join its journey.

#16 EagleTrader

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Posted 20 May 2005 - 01:20 PM

It is a bounded oscillator, but not really a fixed range like stoch. More like MACD ?

#17 nebt

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Posted 20 May 2005 - 01:42 PM

Yes , its range not fixed as stoch, so some macd resemblence may be as far as range goes. Zero line is the key border line, like macd... Also by being away too far from -0- as NDX is now, it shows overextension, stoch would do a flat line over 80, this one has no limit theoreticaly, but there are practical limits...
Will let the market reveal itself, so that I may join its journey.