Stalled out on light volume at the top of the downtrend channel...
First Hourly Support 940
SPX Hourly 10.21.08
Started by
SemiBizz
, Oct 21 2008 08:30 AM
11 replies to this topic
#1
SemiBizz
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- Traders-Talk User
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Volume Dynamics Specialist
Posted 21 October 2008 - 08:30 AM
Stalled out on light volume at the top of the downtrend channel...
First Hourly Support 940
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
SemiBizz
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- Traders-Talk User
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Volume Dynamics Specialist
Posted 21 October 2008 - 08:43 AM
Consolidation Zone 970, minor support 960 area...
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
#3
SilentOne
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- Traders-Talk User
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Member
Posted 21 October 2008 - 09:25 AM
semi,
No short trade here for me. $SPX came down to bounce off PP at 971 this morning. Also broke above the downtrend line from the late Sept. high. If anything have to look long ST. Note that yesterday was an NR7. Watching ...
cheers,
john
Edited by SilentOne, 21 October 2008 - 09:29 AM.
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
#4
SemiBizz
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Volume Dynamics Specialist
Posted 21 October 2008 - 10:33 AM
Two support targets here for QQQQ can be tested
32.27
31.11
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
#5
SemiBizz
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- Traders-Talk User
- 23,217 posts
Volume Dynamics Specialist
Posted 21 October 2008 - 11:12 AM
QQQQ
31.84 vol pivot test per 65min/10day
on way to 31.7x (ABC Down 3 min)
31.84 vol pivot test per 65min/10day
on way to 31.7x (ABC Down 3 min)
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
SemiBizz
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- Traders-Talk User
- 23,217 posts
Volume Dynamics Specialist
Posted 21 October 2008 - 11:16 AM
This AAPL is pretty much "the market" for today.
There is an untested high volume high and gap above...
http://bigcharts.mar...&mocktick=1.gif
http://bigcharts.mar...&mocktick=1.gif
91.11 target for this move on hourly chart...
There is an untested high volume high and gap above...
http://bigcharts.mar...&mocktick=1.gif
http://bigcharts.mar...&mocktick=1.gif
91.11 target for this move on hourly chart...
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
#7
SemiBizz
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- Traders-Talk User
- 23,217 posts
Volume Dynamics Specialist
Posted 21 October 2008 - 11:23 AM
DJIA Support 9008 Daily...
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
#8
SemiBizz
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- Traders-Talk User
- 23,217 posts
Volume Dynamics Specialist
Posted 21 October 2008 - 11:24 AM
NEXT AAPL Support 92.30
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
SemiBizz
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- Traders-Talk User
- 23,217 posts
Volume Dynamics Specialist
Posted 21 October 2008 - 11:51 AM
91.74 after 92.30
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
#10
SemiBizz
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- Traders-Talk User
- 23,217 posts
Volume Dynamics Specialist
Posted 21 October 2008 - 12:05 PM
8963 test...
8799 next DAILY SUPPORT....
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
