1320 tagged. My VST downside projections have been met. Now i will start looking for longs. Give me a momentum thrust and i will be in LONG.
SPX
Started by
NAV
, Mar 28 2008 01:49 PM
10 replies to this topic
#2
SemiBizz
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Volume Dynamics Specialist
Posted 28 March 2008 - 01:54 PM
Odds just increased for finishing the day on the lows...
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
#4
rkd80
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Posted 28 March 2008 - 01:58 PM
Breadth is not horrendous and there have been a few late Friday surprises in the past month.
“be right and sit tight”
#5
NAV
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Posted 28 March 2008 - 01:59 PM
Odds just increased for finishing the day on the lows...
Semi,
It's possible. SPX 1320 was my downside projection. SPX 1315-20 is the bottoming area. Just because my projections have been met does not mean i should go long. Now let them prove they want to move higher, before i jump in.
#6
NAV
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Posted 28 March 2008 - 02:02 PM
On Friday Nav?
Lol. Friday afternoon, i always lose. Hope i don't get a signal.
But i will follow my system, if i get a signal.
#7
NAV
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Posted 28 March 2008 - 02:03 PM
On Friday Nav?
Lol. Friday afternoon, i always lose. Hope i don't get a signal.
But i will follow my system, if i get a signal.
#8
SemiBizz
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Volume Dynamics Specialist
Posted 28 March 2008 - 02:04 PM
yes, there are two kinds of signals to look for... the stealth signal and the overt signal. Not testing your downside support on strong volume is a stealth signal of strength... testing your downside support on weak volume is also a stealth sign of strength. To get an overt signal of strength you need to see an important resistance candle taken out on volume...
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
#9
NAV
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Posted 28 March 2008 - 02:58 PM
Ok, no signals. Going home flat for the weekend.
#10
arbman
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Posted 28 March 2008 - 03:08 PM
100k ES June passed right before the close, with a spike up.
(largest block of the day)
Edited by arbman, 28 March 2008 - 03:08 PM.
