http://stockcharts.c...3840&r=5996.png
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=6&dy=0&i=p24356331235&a=163230813&r=6933.png
Edited by IYB, 25 April 2009 - 04:12 PM.
Another Brick in the Wall
Started by
IYB
, Apr 25 2009 04:09 PM
10 replies to this topic
#1
IYB
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Posted 25 April 2009 - 04:09 PM
Usually a fatal combination. MACD's are pretty much on sell across the board on the dailies. We have the set-up now for a Seven Sentinels Sell Signal. Just need the hammer to drop. Fwiw. Good trading, D
http://stockcharts.c...3840&r=5996.png
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=6&dy=0&i=p24356331235&a=163230813&r=6933.png
http://stockcharts.c...3840&r=5996.png
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=6&dy=0&i=p24356331235&a=163230813&r=6933.png
“Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one.” ― Charles Mackay, Extraordinary Popular Delusions and the Madness of Crowds
#2
mmm
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Posted 25 April 2009 - 04:18 PM
Thanks. I always look forwad to your posts.
#3
selecto
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Posted 25 April 2009 - 04:35 PM
Be carefull. The mac histogram is rising and the signal line has turned back up (ever so slightly).
#4
CHAx
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Posted 25 April 2009 - 05:16 PM
Agreed selecto. Remain bullish until it changes. All my stuff will go to sell mode without further upside soon.
#5
selecto
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Posted 25 April 2009 - 05:23 PM
Yup, CHAx, that's what I seem to have. (ema 5/17 both up. only to be faded intraday.)
Weekly stuff is very much a caution.
Edited by selecto, 25 April 2009 - 05:27 PM.
#6
IYB
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Posted 25 April 2009 - 05:29 PM
And that's my point as well.Agreed selecto. Remain bullish until it changes. All my stuff will go to sell mode without further upside soon.
“Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one.” ― Charles Mackay, Extraordinary Popular Delusions and the Madness of Crowds
#7
CHAx
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Posted 25 April 2009 - 05:39 PM
And that's my point as well.Agreed selecto. Remain bullish until it changes. All my stuff will go to sell mode without further upside soon.
You nailed this move so far IYB, congrats.
Its an interesting junction... Just noticed Atilla is all beared up again too.
#8
zoropb
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Posted 25 April 2009 - 06:25 PM
Don answering your question from other thread...it would not surprise me to see a test around 850-6 area early Monday then the final push for a multi-week top Late Monday or Tuesday. This would only be W.A not the final highs... Those reside likely somewhere around 951-966.And that's my point as well.Agreed selecto. Remain bullish until it changes. All my stuff will go to sell mode without further upside soon.
Z
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.
#9
IYB
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Posted 25 April 2009 - 06:56 PM
Very much appreciated, Zorro! We'll see how she plays out, and try to go with the flo.Don answering your question from other thread...it would not surprise me to see a test around 850-6 area early Monday then the final push for a multi-week top Late Monday or Tuesday. This would only be W.A not the final highs... Those reside likely somewhere around 951-966.And that's my point as well.Agreed selecto. Remain bullish until it changes. All my stuff will go to sell mode without further upside soon.
Z
“Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one.” ― Charles Mackay, Extraordinary Popular Delusions and the Madness of Crowds
