channel support... price support... volume support... 382 fib... modest divergences... ST bounce?
http://stockcharts.c...4926&r=8746.png
QQQ's... not a bad place to stop...
Started by
TheArchitect
, Mar 28 2008 05:15 PM
8 replies to this topic
#2
selecto
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Posted 28 March 2008 - 06:04 PM
[attachment=6747:3_28_NAMO.gif]
#3
SemiBizz
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Volume Dynamics Specialist
Posted 28 March 2008 - 06:59 PM
http://bigcharts.mar...&mocktick=1.gif
While it was a fun ride today into the close... Nothing was resolved... we are still going to test those volume lows... even if we move back up on Monday.
While it was a fun ride today into the close... Nothing was resolved... we are still going to test those volume lows... even if we move back up on Monday.
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
TheArchitect
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Posted 28 March 2008 - 08:46 PM
i remember on 3/5... THIS POST... you pulled out that same chart... against mine... gap and go down the next day... taking spx below 1280 again...
edit: my apologies... you showed me the high/low chart...
Edited by TheArchitect, 28 March 2008 - 08:47 PM.
#7
thespookyone
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Posted 28 March 2008 - 08:47 PM
Selecto-A picture speaks a thousand words-nice work!
#8
selecto
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Posted 28 March 2008 - 09:13 PM
Thanks, Spooky.
Architect, you are right. That earlier NAHL signal was at a lower level and premature. We now appear to be getting another signal, but this time at a level where its reliability is of more certainty:
Architect, you are right. That earlier NAHL signal was at a lower level and premature. We now appear to be getting another signal, but this time at a level where its reliability is of more certainty:
Edited by selecto, 28 March 2008 - 09:16 PM.
#9
TheArchitect
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Posted 28 March 2008 - 09:39 PM
Thanks, Spooky.
Architect, you are right. That earlier NAHL signal was at a lower level and premature. We now appear to be getting another signal, but this time at a level where its reliability is of more certainty:
test will come when the qqq's meets the broken downtrend line... and how it reacts... dow and spx already closed below... but if qqq's hold... target 47.30ish... thats' it till then...
