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the hanging man...

Started by TheArchitect , Jul 28 2009 03:27 PM

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8 replies to this topic

#1 TheArchitect

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Posted 28 July 2009 - 03:27 PM

hangs.

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#2 selecto

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Posted 28 July 2009 - 03:38 PM

Sure is a lot of hanging going on.

http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=0&dy=7&i=p45313978761&are=3322.png

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#3 redfoliage2

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Posted 28 July 2009 - 03:46 PM

hangs.

Good job on tape painting to mask distributions. One would wonder how many days they can keep doing this shxt.

Edited by redfoliage2, 28 July 2009 - 03:49 PM.

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#4 isaac613

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Posted 28 July 2009 - 04:07 PM

hangs.

Good job on tape painting to mask distributions. One would wonder how many days they can keep doing this shxt.

Go look at the 2008 Chart. It was hanging for about 3 months until September before the hell gotten taken out of it. Our economy is out of recession remember and Housing is up and Prices are up. Everything is so peachy its almost incredible.

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#5 snorkels4

bad guy

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Posted 28 July 2009 - 04:20 PM

needs confirm

http://stockcharts.com/h-sc/ui?s=$IND...amp;a=135845786

Andy House, Texas Man, Accidentally Drives 2006 Bugatti Veyron Into Salt Marsh

http://www.zimbio.co...Veyron Crashing

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#6 TheArchitect

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Posted 28 July 2009 - 05:07 PM

needs confirm

http://stockcharts.com/h-sc/ui?s=$IND...amp;a=135845786

Absolutely Snorkel... just as with any setup.

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#7 snorkels4

bad guy

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2,677 posts

Posted 28 July 2009 - 05:25 PM

yea, i didnt need to say it, sorry. how about that tick chart?

raise you a shooting star

http://stockcharts.c...id=p02152708060

Andy House, Texas Man, Accidentally Drives 2006 Bugatti Veyron Into Salt Marsh

http://www.zimbio.co...Veyron Crashing

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#8 TheArchitect

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Posted 28 July 2009 - 08:47 PM

how about that tick chart?

well since the NDX cash index (and the RUT) made a new high today... which was NOT confirmed by the NQ's... here's a TICK/Q chart showing a negative divergence in Price vs. TICK.