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#51 hiker

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Posted 02 May 2008 - 02:11 PM

140.90 is the 50% fib for SPY..wonders never cease..yest close is 141.12..we are now trading at 141.05 (swing of 155.92 to 125.89)

Edited by hiker, 02 May 2008 - 02:13 PM.


#52 SemiBizz

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Posted 02 May 2008 - 02:13 PM

Shortly after 14:00 NAV... SPX 3 min.
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#53 beta

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Posted 02 May 2008 - 02:15 PM

1412. Next upside pivot 1416.
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#54 SemiBizz

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Posted 02 May 2008 - 02:27 PM

3 min gap down filled, now we'll see what's up... or down.
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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.

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#55 eminimee

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Posted 02 May 2008 - 02:34 PM

what is concerning is vxo making new lows on the day....concerning for bulls that is

#56 NAV

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Posted 02 May 2008 - 02:35 PM

You guys need to relax here, unless you are scalping the 1-min or 5-min charts. :D The hourly sell setup is intact as long as SPX trades below 1317 on a 30-min closing basis. If we trade above 1317, close out the shorts and...

Posted Image

Edited by NAV, 02 May 2008 - 02:39 PM.

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#57 tozwp

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Posted 02 May 2008 - 02:46 PM

You guys need to relax here, unless you are scalping the 1-min or 5-min charts. :D The hourly sell setup is intact as long as SPX trades below 1317 on a 30-min closing basis. If we trade above 1317, close out the shorts and...

Posted Image


We close below 1317 today and I'll be buying you a cold one! :rolleyes:

#58 hiker

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Posted 02 May 2008 - 02:48 PM

this older chart speaks volumes to me about:

from whence we have come, and explains the complex bottoming process since...and may help with vision about the current advance

Posted Image

a much older chart -

Posted Image

Edited by hiker, 02 May 2008 - 02:51 PM.


#59 eminimee

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Posted 02 May 2008 - 02:53 PM

Nothing of relavence...just wanted to make this reply #58...I think this is the most reply's I've ever seen....jabba jabba

#60 eminimee

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Posted 02 May 2008 - 03:02 PM

Fractals suck