Futures Alert
FUTURES MARKET SIGNALING "NO DEAL"
Started by
SemiBizz
, Jul 27 2011 11:27 AM
8 replies to this topic
#1
SemiBizz
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Volume Dynamics Specialist
Posted 27 July 2011 - 11:27 AM
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
#2
Bob-C
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Posted 27 July 2011 - 12:08 PM
Thanks a lot SemiBizz.
Do you have a VST downside target for the QQQs?-TIA.
Best,
Bob-C
Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.
#3
OEXCHAOS
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Mark S. Young
Posted 27 July 2011 - 12:08 PM
The Powers-That-Be want to put pressure on congress. That's all.
Well, that, and too many Bulls. The Options Oscillator gave a Sell at the close last night.
Mark S Young
Wall Street Sentiment
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#4
SemiBizz
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Posted 27 July 2011 - 12:22 PM
From Today's ES Forecast:
These futures always seem to sense strength and weakness ahead of the cash indices and Tuesday was no exception as we saw an overnight pullback in ES test 1327, and then a further decline in the regular session to break that low on much stronger volume at 1326.25. ES bounced on lighter volume and then gave it up again in the final hour, retesting that 1326.25 level again, this time on only the 2nd strongest hourly volume of the day, so we do have that mixed signal of a retest, sort of, without breaking the low on lighter volume, but that still leaves a question, so we could see it tested again before it is resolved. Short term we're looking for support at 1321-22, but if it fails, we could see a fast decline under 1317 again.
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
#5
SemiBizz
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Volume Dynamics Specialist
Posted 27 July 2011 - 12:26 PM
Thanks a lot SemiBizz.
Do you have a VST downside target for the QQQs?-TIA.
Best,
Bob-C
I don't follow the QQQs. Nor the NDX 100.
For the Nasdaq Composite here we have support at 2767, and it better not break.
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
#6
SemiBizz
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Volume Dynamics Specialist
Posted 27 July 2011 - 02:11 PM
Thanks a lot SemiBizz.
Do you have a VST downside target for the QQQs?-TIA.
Best,
Bob-C
I don't follow the QQQs. Nor the NDX 100.
For the Nasdaq Composite here we have support at 2767, and it better not break.
2767.90
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
#7
Bob-C
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Member
Posted 27 July 2011 - 02:21 PM
Thanks a lot SemiBizz.
Do you have a VST downside target for the QQQs?-TIA.
Best,
Bob-C
I don't follow the QQQs. Nor the NDX 100.
For the Nasdaq Composite here we have support at 2767, and it better not break.
2767.90
Thank you very much SemiBizz for your thoughtfulness, analysis, and insights.
Thanks also for your informative charts. Cheers,
Bob
Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.
#8
dasein
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Posted 27 July 2011 - 03:07 PM
Mark - remember the pressure they put on Congress when it said it wouldnt give carte blanche to Paulson back in Sep 2008?
yep, they are very good at it.
best,
klh
klh
#9
SemiBizz
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Posted 27 July 2011 - 04:34 PM
The strong hourly volume depicted in the chart was BROKEN ON 20% STRONGER VOLUME into the CLOSE in the Final Hour of trading at the LOWS OF THE DAY...
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
