For trade....D
http://stockcharts.c...0682&r=2721.png
CME
Started by
IYB
, Mar 27 2008 01:11 PM
5 replies to this topic
#1
IYB
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Posted 27 March 2008 - 01:11 PM
“Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one.” ― Charles Mackay, Extraordinary Popular Delusions and the Madness of Crowds
#2
SemiBizz
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Volume Dynamics Specialist
Posted 27 March 2008 - 01:17 PM
Look to me like it wants to test this high volume low 475.17... Good Luck!
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
#3
StillLearnin
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Posted 27 March 2008 - 01:42 PM
Semi,
Would you not consider that already tested on lower volume? Or it wants to test it again?
Thanks
SL
#4
vitaminm
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Posted 27 March 2008 - 01:54 PM
cme/ ctrend projects 572........R/S 550 505/488
vitaminm
#5
IYB
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Posted 27 March 2008 - 02:05 PM
Thanks M. My stop and targets agree with that....Dcme/ ctrend projects 572........R/S 550 505/488
“Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, one by one.” ― Charles Mackay, Extraordinary Popular Delusions and the Madness of Crowds
#6
SemiBizz
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Volume Dynamics Specialist
Posted 27 March 2008 - 02:13 PM
It's all about what happened on 8/10/06 vs 2/06/08 Low was broken on substantially stronger volume and then you have the volume low from 3/17... so yes there's room to retest 2/6... JAWS pattern of price and volume as depicted here:
Edited by SemiBizz, 27 March 2008 - 02:22 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
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
