Short term...
#1
Posted 29 July 2009 - 08:25 AM
#2
Posted 29 July 2009 - 09:59 AM
#4
Posted 29 July 2009 - 10:51 AM
Holding the 962 area (ES) might suggest another high.......OR.....the neckline is real...
Y'all heard about the "compression dome" concept? Forget whom coined the term, but it was right on re: that last H&S.
Weekly cycle still hard up, one would expect Echo's 2.5 wk cycle to be bottoming here, so the DS would look to be the lower probability.........??
#5
Posted 29 July 2009 - 11:00 AM
#6
Posted 29 July 2009 - 11:03 AM
Holding the 962 area (ES) might suggest another high.......OR.....the neckline is real...
Y'all heard about the "compression dome" concept? Forget whom coined the term, but it was right on re: that last H&S.
Weekly cycle still hard up, one would expect Echo's 2.5 wk cycle to be bottoming here, so the DS would look to be the lower probability.........??
Flip a coin....all I can say is if the count is right...new highs....if it's not and we slide out the bottom of the parallels (allowing for throwover)...it's wrong..lol
#7
Posted 29 July 2009 - 11:04 AM
Tea - first thanks for graphing SPX/ES instead of OEX. That helps.
My work says one last push up. New highs maybe. Maybe not. GDX has five down. Watch for top of C.
P
Well...if new highs...I've said it before....but the wet dream would be for OEX to make a new high without SPX
#8
Posted 29 July 2009 - 11:48 AM
Holding the 962 area (ES) might suggest another high.......OR.....the neckline is real...
Y'all heard about the "compression dome" concept? Forget whom coined the term, but it was right on re: that last H&S.
Weekly cycle still hard up, one would expect Echo's 2.5 wk cycle to be bottoming here, so the DS would look to be the lower probability.........??
Flip a coin....all I can say is if the count is right...new highs....if it's not and we slide out the bottom of the parallels (allowing for throwover)...it's wrong..lol
HOPE we are not into flppin coins!
"L@@ks" like UR right, went to get a sandwich and the spx poked thru the DT line on the 30 min....(your "c")
Now, if I were into flippin coins......, izzit time now to be long?
thx,
Mike
#9
Posted 29 July 2009 - 12:09 PM
Holding the 962 area (ES) might suggest another high.......OR.....the neckline is real...
Y'all heard about the "compression dome" concept? Forget whom coined the term, but it was right on re: that last H&S.
Weekly cycle still hard up, one would expect Echo's 2.5 wk cycle to be bottoming here, so the DS would look to be the lower probability.........??
Flip a coin....all I can say is if the count is right...new highs....if it's not and we slide out the bottom of the parallels (allowing for throwover)...it's wrong..lol
HOPE we are not into flppin coins!
"L@@ks" like UR right, went to get a sandwich and the spx poked thru the DT line on the 30 min....(your "c")
Now, if I were into flippin coins......, izzit time now to be long?
thx,
Mike
I'm not looking at a 30 min...I'm going off a 120 min all session continous chart....












