This suggest maybe lower than the 1340 everyone is looking for.....
http://stockcharts.com/c-sc/sc?s=$SPX&p=15&yr=0&mn=0&dy=10&i=p25652517693&a=135113576&r=1107.png
H&S
Started by
StillLearnin
, Apr 11 2008 07:46 AM
5 replies to this topic
#2
Posted 11 April 2008 - 08:03 AM
How cynical?
My PAID in the know, just abandoned the 1350 as the potential Inverse H&S Head, in a matter of minutes??? Tells how volatile this Mother of Market is.
gf
My PAID in the know, just abandoned the 1350 as the potential Inverse H&S Head, in a matter of minutes??? Tells how volatile this Mother of Market is.
gf
PRICE IS KING; LINE RULES! - Laws Of Line (LOL) Trading Systems
Swing Those Lines: I can calculate the motion of heavenly bodies, but not the madness of people! -- Issac Newton
Swing Those Lines: I can calculate the motion of heavenly bodies, but not the madness of people! -- Issac Newton
#3
Posted 11 April 2008 - 08:10 AM
ge report just got me thinking if today could be like october 19 where the market dropped 2.5 per cent on a bad report from caterpillar
don't know if there are similarites between now and then
#4
Posted 11 April 2008 - 09:46 AM
Bullish view....
http://stockcharts.com/c-sc/sc?s=$SPX&p=30&yr=0&mn=1&dy=16&i=p58571438688&a=134436415&r=242.png
http://stockcharts.com/c-sc/sc?s=$SPX&p=30&yr=0&mn=1&dy=16&i=p58571438688&a=134436415&r=242.png
#5
Posted 12 April 2008 - 07:39 AM
Bullish view....
http://stockcharts.com/c-sc/sc?s=$SPX&p=30&yr=0&mn=1&dy=16&i=p58571438688&a=134436415&r=242.png
What the hell is bullish about it???
#6
Posted 12 April 2008 - 10:52 AM
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What the hell is bullish about it???
ROFL...Tea my bad. I had something else drawn on there previously. Last night I just started going crazy with trendlines on that chart (every once it a while it I will find something of interest that way) and forgot that it would update here as well. Ill clean it back up. At the time I posted it yesterday the price was till in the channel....Looking back it does look funny if you did not know what I was doing and what was on there before...
SL
Edited by StillLearnin, 12 April 2008 - 10:53 AM.










