Edited by Mr Dev, 29 March 2007 - 11:41 AM.
NDX Thoughts
Started by
Mr Dev
, Mar 29 2007 11:40 AM
5 replies to this topic
#1
Posted 29 March 2007 - 11:40 AM
She's trying to pull the other markets down, both 1m and 5m signals are still working I'll post when they come off.
Remember both are trending but the 5m is more of a multi day signal 7-10 ish total.
Recent Rydex players are getting their way, however beware of ones own late position or greed.
I can see the chance for a bounce but only something similar to what the bulls enjoyed this morning.
Stay tuned. :bowrie:
.. .. ..
Mr Dev
......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!
#2
Posted 29 March 2007 - 11:46 AM
Possible......maybe not probable...but let's put it this way...I wouldn't be long.
http://stockcharts.com/c-sc/sc?s=$NDX&p=15&yr=0&mn=11&dy=21&i=p60950679237&a=89413079&r=1384.png
http://stockcharts.com/c-sc/sc?s=$NDX&p=15&yr=0&mn=11&dy=21&i=p60950679237&a=89413079&r=1384.png
#3
Posted 29 March 2007 - 11:53 AM
.. .. ..
Mr Dev
......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!
#4
Posted 29 March 2007 - 12:40 PM
Moving up to sky view overhead cam... this doesn't look horrible yet. It doesn't look to me like you can just short now and walkaway for a year or so... not yet.
http://bigcharts.mar...&mocktick=1.gif
http://bigcharts.mar...&mocktick=1.gif
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
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
Posted 29 March 2007 - 01:06 PM
In timing I've learned how to get the lower time frames correct,.... and I'm not to bad on each time frame
moving higher.
Traders should start getting lower time frames correct before they start working their way Up.
When I say the knife is falling I don't BS.
Here is a Weekly Chart!!
Edited by Mr Dev, 29 March 2007 - 01:08 PM.
.. .. ..
Mr Dev
......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!
#6
Posted 29 March 2007 - 01:16 PM
Mr Dev,
Were you a carpenter or contractor in a previous life?
Best,
LB