Chris Vermeulen
Dailydart.com has been updated.
http://www.dailydart.com/
Thank you,
Rick
SPY Chart
Started by
oextrader
, Jul 28 2011 01:58 AM
7 replies to this topic
#1
oextrader
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#2
arbman
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Posted 28 July 2011 - 08:00 AM
I am not sure your indicator quite distinguishes the powerful initiations vs final climax patterns, it does show the extremes though. So, calling it bottoming is a bit early or not clear...
#3
DrSP
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Posted 28 July 2011 - 08:15 AM
Rick, Thanks for your chart. Please post a long term chart with the same indicator like 1 year, if you can please. Thanks.
You could be a billionaire or an industrial worker or a teacher or a moderator of a forum - Hold a good conscience because that is what matters.
#4
selecto
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Posted 28 July 2011 - 08:34 AM
What is the lower indicator?
#5
Bob-C
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Posted 28 July 2011 - 08:36 AM
Hi Rick, thanks a lot for posting the Dailydart SPX chart 
Here is the SPX weekly chart depicting a negative MACD, a sharply rising positive $VIX:$SPX, and a deteriorating RSI heading downward:
http://stockcharts.com/c-sc/sc?s=$SPX&p=W&yr=0&mn=11&dy=0&i=p39768734280&r=8868.png
Here is [url=http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=5&dy=0&id=p33363463033]the SPX daily chart depicting a negative MACD, a rising positive $VIX:$SPX, and a deteriorating RSI heading downward:
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=5&dy=0&i=p33363463033&r=7973.png
Cheers,
Bob-C
Here is the SPX weekly chart depicting a negative MACD, a sharply rising positive $VIX:$SPX, and a deteriorating RSI heading downward:
http://stockcharts.com/c-sc/sc?s=$SPX&p=W&yr=0&mn=11&dy=0&i=p39768734280&r=8868.png
Here is [url=http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=5&dy=0&id=p33363463033]the SPX daily chart depicting a negative MACD, a rising positive $VIX:$SPX, and a deteriorating RSI heading downward:
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=5&dy=0&i=p33363463033&r=7973.png
Cheers,
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.
#6
oextrader
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Posted 28 July 2011 - 02:01 PM
Thanks for all the comments, Chris has a link to his site posted on Dailydart.com. You would have to ask him if he wants to disclose more information about the indicators.
Thank you,
Rick
#7
DrSP
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Posted 28 July 2011 - 03:09 PM
Rick, Thanks for the comment. Today we did not see any upside close. Does that mean his signal is a fail? I mean to ask "will the selling continue.."
You could be a billionaire or an industrial worker or a teacher or a moderator of a forum - Hold a good conscience because that is what matters.
#8
oextrader
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Posted 28 July 2011 - 06:50 PM
Rick, Thanks for the comment. Today we did not see any upside close. Does that mean his signal is a fail? I mean to ask "will the selling continue.."
I would not be trading right now, you are in the hands of politicians, I do not like that a lot of support broke, this may the start of my commentary for tomorrow. I am sorry I am not a lot of help here. Mr Bernanke, I think did a lot to keep the economy going that may be undone if this does not get resolved soon.
http://www.oextrader.com/blog/
Rick
