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Nasdaq Composite - Bearish Reversal Pattern


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#1 SemiBizz

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Posted 26 February 2007 - 10:47 PM

http://bigcharts.mar...&mocktick=1.gif



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Bearish Evening Star Doji
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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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#2 bobalou

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Posted 27 February 2007 - 07:24 AM

good pt..but, back on liter vol. let us see if the sellers come to the party.

#3 SemiBizz

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Posted 27 February 2007 - 08:58 AM

good pt..but, back on liter vol. let us see if the sellers come to the party.





Oh yeah, I'd expect some volume here. I'll post a new support level based on the opening volume later this morning. For now 2480 looks like a done deal.
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

#4 SemiBizz

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Posted 27 February 2007 - 09:17 AM

the next 2 Dynamic Volume Support Pivots are 2438 and 2394. While those numbers might sound extreme, just remember last week we heard about "RECORD MARGIN LEVELS".

Edited by SemiBizz, 27 February 2007 - 09:20 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