Jump to content



Photo

June Contract Tests Downside Target of 1526


  • Please log in to reply
10 replies to this topic

#1 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,217 posts

Posted 12 April 2013 - 08:53 AM

As expected... It came on HUGE VOLUME.... Therefore we expect a test. If that test comes during market hours, it can be on HEAVY VOLUME. If the B point of 1526 is busted we have a target of 1503.
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

#2 gismeu

gismeu

    Member

  • Traders-Talk User
  • 913 posts

Posted 12 April 2013 - 09:26 AM

Thanks Semi, gis
If you can't buy Happiness, STEAL IT!

#3 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,217 posts

Posted 12 April 2013 - 09:34 AM

HERE IT COMES... 1528 BOOM 1518

Edited by SemiBizz, 12 April 2013 - 09:35 AM.

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

#4 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,217 posts

Posted 12 April 2013 - 09:39 AM

1511 could hold here, intraday pivot.
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

#5 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,217 posts

Posted 12 April 2013 - 09:48 AM

1505, close enough for fibonacci work...
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

#6 senorBS

senorBS

    Member

  • TT Member+
  • 11,220 posts

Posted 12 April 2013 - 10:04 AM

1505, close enough for fibonacci work...


1491, ouch, silver almost finally below 26, capitulation day or tres wave? wild stuff


Senor

#7 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,217 posts

Posted 12 April 2013 - 10:07 AM

We have an hourly extension at work here... We don't know where it stops... I can only make educated guesses...
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

#8 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,217 posts

Posted 12 April 2013 - 10:13 AM

Consolidating the 1503 target now... We'll see.
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

#9 fib_1618

fib_1618

    Member

  • Traders-Talk User
  • 10,302 posts

Posted 12 April 2013 - 01:39 PM

1491, ouch

From last weekend's breadth updates.

Posted Image

Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.





 


#10 RagingSpartan

RagingSpartan

    Member

  • Traders-Talk User
  • 558 posts

Posted 12 April 2013 - 02:35 PM

1491, ouch

From last weekend's breadth updates.

Posted Image



bravo fib.

Imo, gold is still overvalued at these levels.