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XAU daily


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#1 Chilidawgz

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    A fool and his money... (the second mousie gets the cheese)

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Posted 19 October 2005 - 06:52 PM

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Anything can happen...what's happening now?
No one can forecast the future. No one.
 
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
 
 

#2 SemiBizz

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Posted 19 October 2005 - 07:25 PM

Gets under the low of the last day of volume(9/15 - 104.70) on significantly lower volume and closes back in the trading range. Sign of strength.
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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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#3 Chilidawgz

Chilidawgz

    A fool and his money... (the second mousie gets the cheese)

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Posted 19 October 2005 - 07:41 PM

Might have a bounce Thursday but I think it has more work to do on the downside


Posted Image
Posted Image
Anything can happen...what's happening now?
No one can forecast the future. No one.
 
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
 
 

#4 SemiBizz

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Posted 19 October 2005 - 07:56 PM

Note this dragonfly doji on NEM today..

Dragonfly Doji

a "dragonfly" doji depicts a day on which prices opened at a high, sold off, and then returned to the opening price. In my experience, dragonflies are fairly unusual. When they do occur, however, they often resolve bullishly (provided the stock is not already overbought as shown by Bollinger bands and indicators such as stochastics).

Edited by SemiBizz, 19 October 2005 - 07:59 PM.

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

#5 Chilidawgz

Chilidawgz

    A fool and his money... (the second mousie gets the cheese)

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Posted 19 October 2005 - 07:58 PM

and that hammer on the XAU, might be a nice trade but not good enough for me to trade. I am focusing on the QQQQ right now.
Anything can happen...what's happening now?
No one can forecast the future. No one.
 
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
 
 

#6 SemiBizz

SemiBizz

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Posted 19 October 2005 - 08:01 PM

and that hammer on the XAU, might be a nice trade but not good enough for me to trade. I am focusing on the QQQQ right now.

<{POST_SNAPBACK}>


take a good look at CSCO. I think it will give you sector strength of Q's...

CSCO had a great day today, tested high volume low closed back up in trading range...
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