Might be a blow off top, big gap on IWM.
We'll see, not trading Aprils here.
Short
Started by
CLK
, Apr 16 2007 03:10 PM
6 replies to this topic
#2
fib_1618
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Posted 16 April 2007 - 03:44 PM
I really hate being a bother here, but is daily volume suggestive of a "blow off" in the price pattern?Might be a blow off top, big gap on IWM.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
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#3
CLK
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Posted 16 April 2007 - 03:49 PM
I really hate being a bother here, but is daily volume suggestive of a "blow off" in the price pattern?Might be a blow off top, big gap on IWM.
Fib
No.
CCI is at the 200 level though.
#4
fib_1618
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Posted 16 April 2007 - 03:51 PM
Granted...but it can stay up there for several days.CCI is at the 200 level though.
Who knows...with all of the reports coming out tomorrow, we might get a quick down draft. But the market is saying "don't get married to the position".
Good skill
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
Technical Watch Subscriptions
#6
Mr Dev
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Posted 17 April 2007 - 12:17 AM
Might be a blow off top, big gap on IWM.
We'll see, not trading Aprils here.
Well clk,
It's not to often we chat much anymore but I
just wanted to say I'm actually with you on this trade,
so let's see if we get something for it.
.. .. ..
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!
#7
CLK
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Posted 17 April 2007 - 02:13 PM
Might be a blow off top, big gap on IWM.
We'll see, not trading Aprils here.
Well clk,
It's not to often we chat much anymore but I
just wanted to say I'm actually with you on this trade,
so let's see if we get something for it.
So far , so good, on IWM at least.
