Jump to content



Photo

Inside Day Here - High Pressure Compression


  • Please log in to reply
8 replies to this topic

#1 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,217 posts

Posted 19 April 2013 - 09:39 AM

If it stays inside all day, we'll have a mystery, a break on either side now can get out of hand...

Volume Elevated...

What we had this week was an exaggerated decline based on threatening National Security...

Today's a sigh of relief rally...

At least now we know.


http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=1&dy=0&i=t67511226952&r=1366381553602.gif

Edited by SemiBizz, 19 April 2013 - 09:40 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

#2 relax

relax

    Member

  • Traders-Talk User
  • 2,224 posts

Posted 19 April 2013 - 09:52 AM

gld also building some cause, still inside the big candle, even though actual gold has been doing different patterns seems like gld is technically more "reliable"

#3 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,217 posts

Posted 19 April 2013 - 10:01 AM

gld also building some cause, still inside the big candle, even though actual gold has been doing different patterns

seems like gld is technically more "reliable"


That's because it is all about "paper" gold here...

Yes, we were just discussing that for the moment GLD is a good read.

I would not stand in the way of a test of that gap at 136.75 if GLD breaks back over 136.
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

#4 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,217 posts

Posted 19 April 2013 - 10:39 AM

SPX broke the high from yesterday... Now we see the reaction to it.
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

#5 relax

relax

    Member

  • Traders-Talk User
  • 2,224 posts

Posted 19 April 2013 - 10:40 AM

silver has been weak, maybe it's not the real deal for gold until silver confirms with strong move (double gold)

#6 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,217 posts

Posted 19 April 2013 - 10:47 AM

Those metals are still SELL SELL SELL until proven otherwise. Shown us nothing so far.
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

#7 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,217 posts

Posted 19 April 2013 - 10:53 AM

The SPX needs a close over 1560 to rejoin the lower uptrend line....

Posted Image
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

#8 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,217 posts

Posted 19 April 2013 - 11:39 AM

This day is not over yet... April 19th - an infamous anniversary multiple occasions. I think you have to stay alert here, not let your guard down.
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

#9 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,217 posts

Posted 19 April 2013 - 11:46 AM

gld also building some cause, still inside the big candle, even though actual gold has been doing different patterns

seems like gld is technically more "reliable"



BOOOMMMMMM

GLD VOLUME SPIKE LOW .......


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