http://bigcharts.mar...&mocktick=1.png
SPX setting up a reverse H&S?
Started by
Russ
, Mar 02 2007 11:43 AM
4 replies to this topic
#1
Russ
-
- Traders-Talk User
- 7,196 posts
Member
Posted 02 March 2007 - 11:43 AM
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#2
traderpaul
-
- Traders-Talk User
- 6,034 posts
Member
Posted 02 March 2007 - 12:02 PM
Don't know about the H&S.....I am seeing lower lows and lower highs...
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay
#3
selecto
-
- Traders-Talk User
- 6,871 posts
Member
Posted 02 March 2007 - 12:16 PM
Here I go again: One has absolutely, positively no idea whatsoever without knowing the volume across the formation of the pattern. 
#4
beta
-
- TT Patron+
- 4,091 posts
lasergirl
Posted 02 March 2007 - 12:22 PM
Flipped my QID hedge for +2, and re-entry CHN here (30.6). Looking for retest of the 33+ range.
Will reload QID in the high 53's, although it could still test 57+ here.
My guess is the next significant move is resolved to the UPside.
Edited by beta, 02 March 2007 - 12:24 PM.
"Daytrading -- An Extreme Sport !"
#5
Russ
-
- Traders-Talk User
- 7,196 posts
Member
Posted 02 March 2007 - 05:23 PM
I realize that Selecto but on bigcharts you cannot get that data for intraday charts. My other charting service is showing the divergence. It was just easier for me to post from bigcharts, rather than go through screen capture, hosting site etc. Thanks for your input though. A/D is of course very important too.
Here I go again: One has absolutely, positively no idea whatsoever without knowing the volume across the formation of the pattern.
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
