7 replies to this topic

[SemiBizz]

http://bigcharts.mar...&mocktick=1.gif



As posted in my blog yesterday, I got a "Don't Be Short" signal yesterday off the record volume low in QID yesterday. In looking over the Price and Volume interaction in Nasdaq yesterday, while we make a higher high on volume, we fall short of testing the 2496 high from 1/17, but we get over the 2489 high from 1/11 on 10% lighter volume (bearish upthrust). The bearish upthrust would be reiterated on a test of 2496.93 today based on present volume trends intraday of breaking the 1/17 as well as yesterday's high on lighter volume.

[SemiBizz]

BULLISH SPRING SETTING UP ON QID.....

http://bigcharts.mar...&mocktick=1.gif

Off lighter volume test of yesterday's low 51.36...

[redfoliage2]

http://bigcharts.marketwatch.com/charts/big.chart?symb=nasdaq&compidx=aaaaa:0&ma=0&maval=9&uf=32&lf=1&lf2=2&lf3=4&type=4&size=2&state=15&sid=3291&style=320&time=4&freq=1&nosettings=1&rand=6173&mocktick=1.gif



As posted in my blog yesterday, I got a "Don't Be Short" signal yesterday off the record volume low in QID yesterday. In looking over the Price and Volume interaction in Nasdaq yesterday, while we make a higher high on volume, we fall short of testing the 2496 high from 1/17, but we get over the 2489 high from 1/11 on 10% lighter volume (bearish upthrust). The bearish upthrust would be reiterated on a test of 2496.93 today based on present volume trends intraday of breaking the 1/17 as well as yesterday's high on lighter volume.

We are entering the usual "Spring Correction" time zone. Not a time for agressively long stocks.

[SemiBizz]

Let me be clear, when I say bullish spring setup, that does not mean I trade on a tick of 51.35 nor is this trading advice. I advise extreme caution at this time, I am at 100% cash per my trading signals. All the charts are giving very mixed signals. An apparent masterpiece of blatant manipulation.

Edited by SemiBizz, 08 February 2007 - 01:07 PM.

[SemiBizz]

This looks like FAST UPTREND in this time frame. steep ascent, shallow pullback. 3 min chart still pointing DOWN per candle count. Mixed signal.



http://bigcharts.mar...&mocktick=1.gif

[redfoliage2]

Let me be clear, when I say bullish spring setup, that does not mean I trade on a tick of 51.35 nor is this trading advice. I advise extreme caution at this time, I am at 100% cash per my trading signals. All the charts are giving very mixed signals. An apparent masterpiece of blatant manipulation.

With not much buyers for QID today I smell a correction just at its initial phase.

[fib_1618]

We are entering the usual "Spring Correction" time zone.

Interesting exercise...small sample of 12 years, March to June time periods, based on dominate price trend.

Fib

http://stockcharts.com/c-sc/sc?s=$NYA&p=M&st=1995-01-01&i=p43300220839&a=97466348&r=9230.png

[SemiBizz]

Today's High 2496.52....