9 replies to this topic

[Trend-Signals]

DOW Breakout with Positive Divergence in money flow

4/18/2007 11:17:38 AM
DOW is approaching higher/high HOD heading to 12795.93 on 9/20.

$SOX/SMH positive price action is certainly helping and, breaking above the trading range, will confirm the recent market breakout.

http://www.investors...age_id=18890136
http://www.traders-t...showtopic=69052


http://www.stockcharts.com/c-sc/sc?s=$INDU&p=D&yr=0&mn=10&dy=0&i=p31631774778&a=76966992&r=329.png

[Mr Dev]

DOW Breakout with Positive Divergence in money flow

How about the volume ?

[Trend-Signals]

SMH / SOX joining "DOW" Breakout...

http://www.traders-t...showtopic=69196


Major markets are breaking out, NYA, OEX, MID, etc. as alerted the breakout. Now, $SOX/SMH breakout from 7mo trading range and breaking above 7yr down trend line... so far, SMH is about to breakout while $SOX is trading above 7yr down trendline.

As far as determining "successful breakout", it is successful until it is not. It is now successful breakout.


http://www.stockchar...98557&r=872.png


http://www.stockcharts.com/c-sc/sc?s=$SOX&p=M&yr=10&mn=11&dy=0&i=p22616739083&a=80631671&r=966.png

http://www.stockcharts.com/c-sc/sc?s=$SOX&p=D&yr=0&mn=9&dy=0&i=p93451941454&a=71270540&r=427.png

[GOOSE2]

No worries from the bear camp, it's just setting up a massive fractual. LOL

[denleo]

I like negative breadth two days in a row in particular. Great internals!!! Denleo

[Trend-Signals]

DOW Breakout with Positive Divergence in money flow

How about the volume ?

The positive D which I am talking about is in ST/daily price action. Volume on what timeframe?
Weren't you analysis-paralysis since the recent bottom? Not a good idea to fight the tape.

I called major market bottom/top on public board since July 2004 and know when I can anticipate reversals. But the same ole thing often happens, as you said, there are always unbelievers, not respecting the tapes.

Interestingly, I am getting private emails saying that they are respecting my works and thanking.

It is market intuition rather than analysis-paralysis makes me on the right side...

Go with tapes...


http://www.stockchar...00102&r=822.png
http://www.stockchar...00102&r=822.png
http://www.stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=3&dy=0&i=p28661478751&a=91400102&r=822.pnghttp://www.stockcharts.com/c-sc/sc?s=$COMPQ&p=D&yr=0&mn=3&dy=0&i=p28661478751&a=91400102&r=822.png
http://www.stockcharts.com/c-sc/sc?s=$INDU&p=D&yr=0&mn=3&dy=0&i=p28661478751&a=91400102&r=822.pnghttp://www.stockcharts.com/c-sc/sc?s=$OEX&p=D&yr=0&mn=3&dy=0&i=p28661478751&a=91400102&r=822.png
http://www.stockcharts.com/c-sc/sc?s=$MID&p=D&yr=0&mn=3&dy=0&i=p28661478751&a=91400102&r=822.pnghttp://www.stockcharts.com/c-sc/sc?s=$SML&p=D&yr=0&mn=3&dy=0&i=p28661478751&a=91400102&r=822.png
http://www.stockcharts.com/c-sc/sc?s=$NYA&p=D&yr=0&mn=3&dy=0&i=p28661478751&a=91400102&r=822.pnghttp://www.stockcharts.com/c-sc/sc?s=XLE&p=D&yr=0&mn=3&dy=0&i=p28661478751&a=91400102&r=822.png

[bullishnot]

DOW Breakout with Positive Divergence in money flow

How about the volume ?

The positive D which I am talking about is in ST/daily price action. Volume on what timeframe?
Weren't you analysis-paralysis since the recent bottom? Not a good idea to fight the tape.

I called major market bottom/top on public board since July 2004 and know when I can anticipate reversals. But the same ole thing often happens, as you said, there are always unbelievers, not respecting the tapes.

Interestingly, I am getting private emails saying that they are respecting my works and thanking.

It is market intuition rather than analysis-paralysis makes me on the right side...

Go with tapes...


http://www.stockchar...00102&r=822.png
http://www.stockchar...00102&r=822.png
http://www.stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=3&dy=0&i=p28661478751&a=91400102&r=822.pnghttp://www.stockcharts.com/c-sc/sc?s=$COMPQ&p=D&yr=0&mn=3&dy=0&i=p28661478751&a=91400102&r=822.png
http://www.stockcharts.com/c-sc/sc?s=$INDU&p=D&yr=0&mn=3&dy=0&i=p28661478751&a=91400102&r=822.pnghttp://www.stockcharts.com/c-sc/sc?s=$OEX&p=D&yr=0&mn=3&dy=0&i=p28661478751&a=91400102&r=822.png
http://www.stockcharts.com/c-sc/sc?s=$MID&p=D&yr=0&mn=3&dy=0&i=p28661478751&a=91400102&r=822.pnghttp://www.stockcharts.com/c-sc/sc?s=$SML&p=D&yr=0&mn=3&dy=0&i=p28661478751&a=91400102&r=822.png
http://www.stockcharts.com/c-sc/sc?s=$NYA&p=D&yr=0&mn=3&dy=0&i=p28661478751&a=91400102&r=822.pnghttp://www.stockcharts.com/c-sc/sc?s=XLE&p=D&yr=0&mn=3&dy=0&i=p28661478751&a=91400102&r=822.png

great, I'll be shorting real real soon

[Trend-Signals]

Markets are breaking out.

I know the internals and commented on the narrowing market internals.

Furthermore, am aware of a turn date.

The market is breaking out as noted, so, I am trading in ST.



So, it is quite simple at this point which is a pivotal juncture.




Market will sell off at this level with resistance.

Market will be bought with short squeeze which is money flow is suggesting.

Edited by Trend-Signals, 18 April 2007 - 01:56 PM.

[Mr Dev]

Weren't you analysis-paralysis since the recent bottom? Not a good idea to fight the tape.

Wo I missed this earlier,...let me ask you ask question right now..

.. DO You gotta Problem?

[Trend-Signals]

Weren't you analysis-paralysis since the recent bottom? Not a good idea to fight the tape.

[size=4]
[i]Wo I missed this earlier,...let me ask you ask question right now..

.. DO You gotta Problem?

No, just stating the fact that you were saying market down turn for a few weeks all the way up to today since the double bottom .

Just the Fact. You can see that you replied to my comments with dispute for the period, but market was trading up until today.

Now, market analysis is great, but being on the wrong side is not. That was what I was saying even though the expression was extremely indirect.


Now we are selling off as stated during AH and as noted yesterday.


Be good.... cheer up... Good day