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Compression galore


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#1 NAV

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Posted 21 February 2008 - 11:32 PM

http://www.traders-t...?...;blogid=11

"It's not the knowing that is difficult, but the doing"

 

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#2 CHAx

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Posted 22 February 2008 - 12:52 AM

Oscilators aren't telling us much though. Lots of spaghetti :) Notice how we are compressed right below the previous high volume lows. Its compelling, but I think I might get bullied out of my position tomorrow :(.

#3 eminimee

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Posted 22 February 2008 - 05:57 AM

http://stockcharts.com/c-sc/sc?s=$NASI&p=D&yr=3&mn=6&dy=0&i=p74477881728&a=36757921&r=5158.png
http://stockcharts.com/c-sc/sc?s=$BPSPX&p=W&yr=8&mn=0&dy=0&i=p39109677146&a=30100099&r=5934.png

#4 CHAx

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Posted 22 February 2008 - 09:38 AM

Thanks Tea. Nice CC. What do you make of the A/D? -- it looks good to me, IE its turned and moving upward. I will tighten up my MACD and take another look.