SPX Fractal
#11
Posted 01 April 2007 - 11:37 AM
IF the rally doesn't develop then we are on to F8 <<<<< fractals do collapse which is OK
Hank
[quote name='.Blizzard' date='Apr 1 2007, 12:22 PM' post='280324']
[quote name='Frac_Man' date='Apr 1 2007, 12:15 PM' post='280323']
All you need is a picture and no TA
Hank
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Hank, what's wrong with this picture? I am here to learn
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#12
Posted 01 April 2007 - 11:43 AM
#13
Posted 01 April 2007 - 12:09 PM
Russ, as pictured, f8 would not close the gap.
"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/
#14
Posted 01 April 2007 - 12:18 PM
Hank
Ok, thanks Timer. There is a gap on the vix chart that may need to be filled which could produce a small rally before resuming the bearish move. Its a tough call, it may just head down right away too.
Russ, as pictured, f8 would not close the gap.
#15
Posted 01 April 2007 - 12:36 PM
[quote]Knowing that it's a rarity for a gap to go 'unfilled[/quote]
from: http://invest2succes...30_archive.html
Here's an interesting gap:
http://stockcharts.com/c-sc/sc?s=$BPSPX&p=W&yr=0&mn=3&dy=0&i=p64847659259&r=6587.png
[quote name='Russ' post='280334' date='Apr 1 2007, 01:09 PM']
Ok, thanks Timer. There is a gap on the vix chart that may need to be filled which could produce a small rally before resuming the bearish move. Its a tough call, it may just head down right away too.
[quote name='timer' post='280327' date='Apr 1 2007, 11:43 AM']
Russ, as pictured, f8 would not close the gap.
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Edited by Russ, 01 April 2007 - 12:46 PM.
"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/
#16
Posted 01 April 2007 - 12:54 PM
#17
Posted 01 April 2007 - 12:57 PM
"Since everyone is expecting the holiday rally, I'm going to the short side .........."
who is 'everyone'..
if anything, 'everyone' is expecting a selloff..explains the ultra high p/c
#18
Posted 01 April 2007 - 04:38 PM
And all a trained pilot needs is good visual and no radar, except when it's...All you need is a picture and no TA
Hank
I am very skeptikal of any short term rally...but here's how the NDX fractal should appear
Edited by jmicou, 01 April 2007 - 04:40 PM.
#19
Posted 01 April 2007 - 05:04 PM
Edited by jmicou, 01 April 2007 - 05:05 PM.
#20
Posted 02 April 2007 - 07:58 AM
Hank
I am very skeptikal of any short term rally...but here's how the NDX fractal should appear
ditto here too , we may not be at F3 yet meaning a fall back down to the 1400 area
Hank
Hank...What do you think?