4 replies to this topic

[eminimee]

NDX HAS to get above 1734 for more than a quick visit.....I'm out of ES long from 84...half at 87 ..half at 90 ....if ndx can do that...I'll look to get long again. So far it can't hold 1734..just tried it again.

Edited by Teaparty, 06 March 2007 - 11:54 AM.

[Russ]

Money flow is declining as es is running into downtrend lines from last week on 30 minute charts but with the high lowers on the dow yesterday on the 60 minute and short term daily divergence in money flow, this rally should break out above those resistance lines...in theory. The bigger trend is obviously down, any bounce is going to be weak.

Edited by Russ, 06 March 2007 - 12:02 PM.

[eminimee]

using a 120 min es...possible spike up to 1397/98...but has to take out yesterday's high first....

[.Blizzard]

The higher high on YMH7 came today on lower volume. This is a bearish divergence Below 12118 we selloff into 12070 and or 12050

[beta]

Good work T. I think the s/t lows are in, and we're only half-way thru this move up. My targets are roughly 10% below recent highs on many issues, before this up wave completes. E.g., CHN target = 33, BHP = 45, etc

Edited by beta, 06 March 2007 - 12:42 PM.