maybe nothing...but oex bounced exactly at the depth of a left possible shoulder..
http://stockcharts.com/c-sc/sc?s=$OEX&p=30&yr=0&mn=1&dy=21&i=p56516199064&a=89174413&r=1029.png
Maybe something...
Started by
eminimee
, Feb 21 2008 01:57 PM
5 replies to this topic
#1
eminimee
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- TT Member
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I don't care who's fur is flying...
Posted 21 February 2008 - 01:57 PM
#2
hiker
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- TT Member*
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independent trader
Posted 21 February 2008 - 02:22 PM
for SPY -
today's lod now at 134.65 is a slight overshoot of .618 retrace of yest. low to today's high for SPY...no closes yet below the declining 200sma on the SPY 60 minute
#3
arbman
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Quant
Posted 21 February 2008 - 03:19 PM
The 5wk cycle bottoms next Mon-Tue IN MY WORK, I doubt there will be much of a rally before then, it should rally for the EOM thereafter from the 5wk low. Tomorrow should probably retrace and Monday should put the ST final low, Tuesday to consolidate...
Hope the further damage stays contained within 20 more SPX points or the bottom will fall out toward the 1270s...
Edited by arbman, 21 February 2008 - 03:22 PM.
#4
eminimee
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- TT Member
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I don't care who's fur is flying...
Posted 21 February 2008 - 03:28 PM
Possible but 1338 has to hold I think..and a fast rejection of that level
Edited by Teaparty, 21 February 2008 - 03:32 PM.
#5
SemiBizz
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Volume Dynamics Specialist
Posted 21 February 2008 - 03:37 PM
This market is in perfect harmony here. 
This is MARK DOWN mode, plain and simple. 
This is MARK DOWN mode, plain and simple.
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
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
eminimee
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- TT Member
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I don't care who's fur is flying...
Posted 21 February 2008 - 03:49 PM
well...it's poop or pop
