The Euro tanked today, their mkts should be down a bunch tonite, a break of SPX 1100ish should lead to a test of the flash crash low by Friday (expo forces). There are no bullish divergences yet...trend down:
#1
#3
important test coming up
Started by
tommyt
, May 18 2010 07:44 PM
1 reply to this topic
#2
SemiBizz
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- Traders-Talk User
- 23,217 posts
Volume Dynamics Specialist
Posted 18 May 2010 - 08:02 PM
The Euro tanked today, their mkts should be down a bunch tonite, a break of SPX 1100ish should lead to a test of the flash crash low by Friday (expo forces). There are no bullish divergences yet...trend down:
#1
#3
I found a couple, they may be ignored though...
Across these indices today -
$COMPX, $SPX, $DJT
higher highs, stronger volume (quality of volume)
With stronger volume could test the previous highs but not the lows...
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
