Edited by sluzbenik1, 01 June 2012 - 11:03 AM.
Crazy fractal similarity
Started by
sluzbenik1
, Jun 01 2012 10:57 AM
3 replies to this topic
#1
sluzbenik1
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Posted 01 June 2012 - 10:57 AM
One is 60mins (now), the other is 2 hours (then.) This is insane. Either way - for tomorrow, the outcome should be the same.
#2
sluzbenik1
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Posted 28 June 2012 - 02:30 PM
Just a bump to note that this is still playing out.
Check out the bump we just made compared to 12-8 to 12-11 a 60-min chart.
Market is pessimistic, mad about health care and the Eurotrash. Anything that actually goes right in the next few days could result in an unexpected upside surprise...Just sayin'!
Edited by sluzbenik1, 28 June 2012 - 02:31 PM.
#3
DrSP
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Posted 28 June 2012 - 08:33 PM
One is 60mins (now), the other is 2 hours (then.) This is insane. Either way - for tomorrow, the outcome should be the same.
Thanks for sharing the fractal.
But, if you (guys) have noticed or not, with all that selling today morning (17 - 18 SPX points), TRIN was still ~ 1, more or less. That was a signal to go long for atleast VST/ ST. Sometimes that signal also fails, but more often than not, it had made bucks for me.
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
sluzbenik1
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Posted 29 June 2012 - 01:12 PM
The fractal is now complete, IMHO, and the measured move target is 1420. I'm using the box with 2 or more hits, and not using the uppermost peaks and troughs.
