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Nice one Swinger


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#1 relax

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Posted 29 July 2009 - 02:59 AM

ES 964 ;-)

#2 swinger

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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.
 

#3 relax

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Posted 29 July 2009 - 07:01 AM

EUR/JPY EURJPY.png

#4 eminimee

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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 relax

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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 eminimee

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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

#7 Funky Monk

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Posted 30 July 2009 - 09:35 AM

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