Edited by selecto, 28 July 2011 - 01:37 PM.
VST SPX
Started by
selecto
, Jul 28 2011 01:35 PM
22 replies to this topic
#1
selecto
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Posted 28 July 2011 - 01:35 PM
30 minute BB squeeze should resolve down. Watch the width - at expansion, direction should be evident.
#2
DrSP
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Posted 28 July 2011 - 02:35 PM
Excellento, Not a classic BB squeeze but works for the panic selling. 
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.
#3
Lysis
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Posted 28 July 2011 - 02:36 PM
30 minute BB squeeze should resolve down. Watch the width - at expansion, direction should be evident.
1291 here we come.
#4
CLK
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Posted 28 July 2011 - 06:02 PM
Selecto,
Do you have the stats on the worst sell off during the 3rd yr of the presidential cycle ?
I don't trust this because of the bullish historical but maybe there are exceptions.
#5
selecto
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Posted 28 July 2011 - 06:37 PM
I do not, but we have not been tracking 3rd year seasonality very well.
As you can see, we got the band expansion and slight flare late this afternoon, which looks to carry.
(Nevertheless I whimped out again on the AH spike down and covered.)
http://stockcharts.c...4025&r=2118.png
Sorry if this doesn't display correctly for non paying StockCharts, but I am still
in IT hell awaiting a couple of new machines from the mainland.
As you can see, we got the band expansion and slight flare late this afternoon, which looks to carry.
(Nevertheless I whimped out again on the AH spike down and covered.)
http://stockcharts.c...4025&r=2118.png
Sorry if this doesn't display correctly for non paying StockCharts, but I am still
in IT hell awaiting a couple of new machines from the mainland.
Edited by selecto, 28 July 2011 - 06:42 PM.
#6
uburack
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Posted 28 July 2011 - 06:51 PM
30 minute BB squeeze should resolve down. Watch the width - at expansion, direction should be evident.
1291 here we come.
1320 here we come IMHO.
Oversold + AM news of rep vote + OE = rally until someone comes out with ANOTHER (redundant) speech to kill it. Seeking 1320 but not quite.
John 21:6 And he said unto them, "Cast the net on the right side of the ship, and ye shall find". They cast therefore, and now they were not able to draw it for the multitude of fishes.
#7
selecto
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Posted 28 July 2011 - 06:57 PM
PS: On the daily we are also seeing some band expansion and flare away. Down ho, mates.
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=2&dy=20&i=p62681843739&r=4331.png
According to Joe, news is for chumps, uburack.
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=2&dy=20&i=p62681843739&r=4331.png
According to Joe, news is for chumps, uburack.
Edited by selecto, 28 July 2011 - 07:05 PM.
#8
DrSP
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Posted 28 July 2011 - 07:04 PM
PS: On the daily we are also seeing some band expansion and flare away. Down ho, mates.
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=2&dy=20&i=p62681843739&r=4331.png
News is for chumps, uburack.
Obviously, pattern is almost similar to June 1-3 on your indicators and bands. May not repeat but rhyme? Let us see. Thanks, selecto. Great chart again!
Edited by DrSP, 28 July 2011 - 07:05 PM.
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.
#9
CLK
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Posted 28 July 2011 - 07:14 PM
I checked back to 1900. Before 1940 the picture is totally different. I marked the 3rd years in red.
#10
uburack
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Posted 28 July 2011 - 08:00 PM
According to Joe, news is for chumps, uburack.
Doh!
:foreheadslap:
Edited by uburack, 28 July 2011 - 08:01 PM.
John 21:6 And he said unto them, "Cast the net on the right side of the ship, and ye shall find". They cast therefore, and now they were not able to draw it for the multitude of fishes.
