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Nasdaq Composite - Support on the pullback


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#1 SemiBizz

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Posted 08 January 2008 - 10:57 AM

3 min implies a retest of 2480-82. 30 min implies a retest of 2473. Volume is low, we may not get the retest today.
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#2 SemiBizz

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Posted 08 January 2008 - 11:15 AM

http://bigcharts.mar...&mocktick=1.gif



Best I can do for now is a 5 min QQQQ... 48.06 coming at you volume spike low on 5 min.
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

#3 SemiBizz

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Posted 08 January 2008 - 11:41 AM

OK, looking at the daily now... Short term support 2442 - completion of abc down. Mid term support 2386 - august low. Long term support 2251 - jan 01 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

#4 SemiBizz

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Posted 08 January 2008 - 11:53 AM

http://bigcharts.marketwatch.com/charts/big.chart?symb=qqqq&compidx=aaaaa:0&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=4&size=2&state=9&sid=2666326&style=320&time=2&freq=6&comp=NO_SYMBOL_CHOSEN&nosettings=1&rand=3166&mocktick=1.gif



Best I can do for now is a 5 min QQQQ... 48.06 coming at you volume spike low on 5 min.





After this bounce... 47.63 comes in a panic. QQQQ
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 SemiBizz

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Posted 08 January 2008 - 12:03 PM

looks like one more hour of selling ahead on Nasdaq...
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

#6 SemiBizz

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Posted 08 January 2008 - 12:30 PM

2.3 B projected for Nasdaq, outlook short term bullish spring setup off test of support (daily chart)

Edited by SemiBizz, 08 January 2008 - 12:31 PM.

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

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Posted 08 January 2008 - 12:43 PM

ABC DOWN ON QQQQ Daily until proven otherwise... 45.66. Target.

Edited by SemiBizz, 08 January 2008 - 12:48 PM.

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

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Posted 08 January 2008 - 03:11 PM

WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE Good Luck Bottom Pickers !!
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

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Posted 08 January 2008 - 03:21 PM

http://bigcharts.mar...&mocktick=1.gif



Best I can do for now is a 5 min QQQQ... 48.06 coming at you volume spike low on 5 min.



After this bounce... 47.63 comes in a panic. QQQQ





Today's low... 47.63
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

#10 SemiBizz

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Posted 08 January 2008 - 03:50 PM

2442 coming at ya... closing 1/2 of QIDs there.
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