http://bigcharts.mar...&mocktick=1.gif
Check it out, we are rallying even faster...pts/min
Started by
SemiBizz
, Apr 08 2015 08:42 AM
14 replies to this topic
#1
SemiBizz
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Posted 08 April 2015 - 08:42 AM
For a few years of printing, a lifetime of benefits from Wall Street...
http://bigcharts.mar...&mocktick=1.gif
http://bigcharts.mar...&mocktick=1.gif
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
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
fib_1618
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Posted 08 April 2015 - 08:50 AM
Much of yesterday's late session sell off was news related...the explosion in DC and the blackout that followed.
Money continues to move in aggressively...and we're still "oversold".
Fib
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.
#3
SemiBizz
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Posted 08 April 2015 - 09:04 AM
We are right back in the same situation we were in yesterday around this time....
RUT Less than 10 Pts away from New All Time High, What futures crash? At critical price here at 1260
RUT Less than 10 Pts away from New All Time High, What futures crash? At critical price here at 1260
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
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
Rogerdodger
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Posted 08 April 2015 - 09:07 AM
Is money moving in aggressively or a huge top forming?
http://stockcharts.com/c-sc/sc?s=$NYA&p=M&yr=20&mn=0&dy=0&i=p51583962997&a=390644585&r=1428501966184.png
http://stockcharts.com/c-sc/sc?s=$NYA&p=M&yr=20&mn=0&dy=0&i=p51583962997&a=390644585&r=1428501966184.png
"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
#5
SemiBizz
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Posted 08 April 2015 - 09:15 AM
I refer to those as "platforms", in this case a platform of highs, and the implication is normally higher, looks like a bad print is there to be tested at 11334.65, so that can be tested, then we see.
The important thing to remember about platforms is they are powerful compressed trading zones and either serve as very strong support or very strong resistance once they are resolved and we move out of the range.
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
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
fib_1618
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Posted 08 April 2015 - 09:19 AM
You're providing anecdotal longer term evidence that has no real bearing on short term money flow dynamics.Is money moving in aggressively or a huge top forming?
http://stockcharts.com/c-sc/sc?s=$NYA&p=M&yr=20&mn=0&dy=0&i=p51583962997&a=390644585&r=1428501966184.png
I will point out that if you look at the RSI, we haven't seen a large decline until we test the 50% level, bounce, and THEN go down and through this same level.
For now...your chart presents a well deserved pause to refresh on the a monthly basis.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
#7
orange
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Posted 08 April 2015 - 09:30 AM
I will point out that if you look at the RSI, we haven't seen a large decline until we test the 50% level, bounce, and THEN go down and through this same level.
RSI works great as a confirming indicator for rallies or declines with any system.
My guess is we will bounce around a bit more here before breaking north.
Edited by orange, 08 April 2015 - 09:31 AM.
"When your position is underwater, average down" - Professional Trader
#8
SemiBizz
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Posted 08 April 2015 - 09:47 AM
Dow Theorists Take Note !
DJT on edge of Grand Canyon...
http://stockcharts.com/c-sc/sc?s=$TRAN&p=D&b=5&g=0&i=0&r=1428414711240.gif
DJT on edge of Grand Canyon...
http://stockcharts.com/c-sc/sc?s=$TRAN&p=D&b=5&g=0&i=0&r=1428414711240.gif
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
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
arbman
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Posted 08 April 2015 - 10:12 AM
This market is in a lot bigger trouble than you guys think, but a lot bigger...
#10
SemiBizz
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Posted 08 April 2015 - 10:21 AM
This market is in a lot bigger trouble than you guys think, but a lot bigger...
Yep, F'eds to the rescue 3 X now in last 2 days on 5 min Nasdaq... check it out,,,,
http://bigcharts.mar...&mocktick=1.gif
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
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
