Nice one Swinger
Started by
relax
, Jul 29 2009 02:59 AM
6 replies to this topic
#1
Posted 29 July 2009 - 02:59 AM
ES 964
;-)
#2
Posted 29 July 2009 - 06:43 AM
ES 964
;-)
Keeping an eye on the dollar here...
If the current fledgling dollar rally off 78.32 low continues--that could presage trouble for the indexes.
Using yesterday's $DXY high at 79.07 as a 'bull versus bear tug-o-war measuring stick' could be useful here in the short term.
#4
Posted 29 July 2009 - 07:39 AM
Quite possible that if we happen to go south of ES 962 .....targets are 956...below there....944
...those nonconfirmations are handy..
Edited by Teaparty, 29 July 2009 - 07:40 AM.
#5
Posted 29 July 2009 - 08:14 AM
those nonconfirmations are very handy at turns! (i find the best ones are if ES turns around in premarket, and SPX never goes to that level)
but i still don't quite buy into nyad cumulative divergences for turns, even though the last divergence was great for the recent move up
#6
Posted 29 July 2009 - 08:33 AM
those nonconfirmations are very handy at turns! (i find the best ones are if ES turns around in premarket, and SPX never goes to that level)
but i still don't quite buy into nyad cumulative divergences for turns, even though the last divergence was great for the recent move up
Each to their own...
...just a chart..nothing to do with divergences...and I'm not predicting anything...
http://stockcharts.com/c-sc/sc?s=$NYAD&p=W&yr=13&mn=6&dy=0&i=p47158768363&a=48994991&are=3879.png










