http://bigcharts.mar...&mocktick=1.gif
See Wednesday's Volume Spike Lows...
ES and SPX Pointing to 1385 Area...
Started by
SemiBizz
, May 06 2008 08:52 AM
17 replies to this topic
#1
SemiBizz
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- Traders-Talk User
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Volume Dynamics Specialist
Posted 06 May 2008 - 08:52 AM
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
#2
eminimee
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- TT Member
- 14,307 posts
I don't care who's fur is flying...
Posted 06 May 2008 - 08:55 AM
If ES takes out the present low at 97...89 is next..97 is key short term
PS..but watch SPX 1392ish...that could hold
Edited by Teaparty, 06 May 2008 - 09:00 AM.
#3
SemiBizz
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- Traders-Talk User
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Volume Dynamics Specialist
Posted 06 May 2008 - 08:56 AM
I see quality of volume DOWN on the 30 min ES here...
Down We Go.
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
SemiBizz
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- Traders-Talk User
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Volume Dynamics Specialist
Posted 06 May 2008 - 09:16 AM
1393 next SPX support area... and Intraday ABC Down Target
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
#5
swinger
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- Traders-Talk User
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Posted 06 May 2008 - 09:16 AM
10/11/07 to 12/11/07 trendline is sitting at just under ES 1399. The action so far is a back-kiss retest of the trendline breakout. ES has to take out that line to go lower.
If they take out that back kiss at 1399 then 1385 area looks like the next downside target but > 1402 and bears could be on the run again.
#6
eminimee
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- TT Member
- 14,307 posts
I don't care who's fur is flying...
Posted 06 May 2008 - 09:17 AM
With CSCO after the close....I wouldn't be at all surprised with chop between 1397 and 1408 today
#7
SemiBizz
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- Traders-Talk User
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Volume Dynamics Specialist
Posted 06 May 2008 - 09:18 AM
I'm in no hurry here. 1385, today, tomorrow... fine with me.
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
#8
SemiBizz
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- Traders-Talk User
- 23,217 posts
Volume Dynamics Specialist
Posted 06 May 2008 - 09:20 AM
This crescendo of volume to the Downside says we're on a mission here... Note today's action was setup by that 20K Contract Blip to 1401 on Sunday 5/4... Now we're under on strong volume.
Edited by SemiBizz, 06 May 2008 - 09:24 AM.
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
bobalou
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- Traders-Talk User
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Member
Posted 06 May 2008 - 09:26 AM
and let the yen be w/ you
#10
SemiBizz
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- Traders-Talk User
- 23,217 posts
Volume Dynamics Specialist
Posted 06 May 2008 - 09:32 AM
Da Zen of Da Yen, and the Boil of Da OIL
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
