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Rising Wedge Should Be Broken Today


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#31 SemiBizz

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Posted 24 January 2014 - 09:45 AM

1812 FIB Support being consolidated here. 1810 VOLUME SUPPORT NEXT
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#32 SemiBizz

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Posted 24 January 2014 - 09:48 AM

All you had to do here is your Fib work. I did mine and published 1812 on T.T. on 11/7, we hit it on 11/30 and we've been locked up between here and 1850 now for 2 months. This is quite a battle, and a great lesson in the POWER OF FIBONACCI.
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#33 blustar

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Posted 24 January 2014 - 10:25 AM

All you had to do here is your Fib work.

I did mine and published 1812 on T.T. on 11/7, we hit it on 11/30 and we've been locked up between here and 1850 now for 2 months.

This is quite a battle, and a great lesson in the POWER OF FIBONACCI.

There are 2 bars of heavy up volume: the Fed rally of Dec 18 and then Triple Witching Friday. This puts the 1810-12 area as support that when broken will likely cause this market to crack. We've touched 1811/12 and bounced. The upside I see would be 1820 yesterday's bottom.

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#34 SemiBizz

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Posted 24 January 2014 - 10:32 AM

1810 Tested. Now we see, this is where the game starts.
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#35 blustar

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Posted 24 January 2014 - 10:37 AM

1810 Tested. Now we see, this is where the game starts.

I see it

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blu

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#36 SemiBizz

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Posted 24 January 2014 - 10:43 AM

OK next good support not til 1780 here with the momentum we have. Platform of lows 1780 Draw a trend line across 1780, you will see it.
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Volume is the only vote that matters... the ultimate sentiment poll.

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#37 blustar

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Posted 24 January 2014 - 10:44 AM

BUSTED!!!! 1810 is busted, down we go!

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#38 SemiBizz

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Posted 24 January 2014 - 10:44 AM

could see a pause around 1800.
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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.

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#39 fib_1618

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Posted 24 January 2014 - 10:47 AM

BUSTED!!!! 1810 is busted, down we go!

As close to a trading orgasm as I've ever seen on a message board! :lol:

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#40 SemiBizz

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Posted 24 January 2014 - 11:22 AM

OK next good support not til 1780 here with the momentum we have.

Platform of lows 1780

Draw a trend line across 1780, you will see it.



4145.00 Nasdaq Support.

Still targeting 4097
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