7 replies to this topic

[Mr Dev]

Just a heads Up.


Let's call it a Double / Double,...

two different NAMO charts for your peering eyes.

First NAMO chart is showing signs of something I mentioned earlier today on Pnfwaves thread when I said, I

used this kind of example, as a technique to teach day traders what to look for before taking their first

reversal position during a trend or on a mid-day trade...

"Look for multiple signals, (3-4) firing at once to enter your first position.

Enjoy





For variety the second chart below is a fairly good trending chart to Swing Trade from.

Currently it is showing a price flag at lower highs,.. diverging with price,.. at the upper end of the trading channel.

Now this has not triggered ANY cross over signal yet,...but as you can see it wouldn't take much.


I also noticed that my summation chart looks very similar to this one and is showing the first down day

during the recent up trend off the March Lows.

Though it would only take 1 strong Up day to straighten this one out and continue the trend.

Enjoy

[Rogerdodger]

Always interesting stuff Mr Dev. Thanks I've been thinking that we get a sideways pause here at a minimum. TWT

[Mr Dev]

Thanks, How's the weather in T town ?

[Rogerdodger]

Weather is fabulous! Finally. Upper 70's.
I'm dying to go fishing.
But till then I'll just be watering the flowers.
Here's this year's late frost survivor:
(Notice: No Bees!)

Edited by Rogerdodger, 20 April 2007 - 12:41 AM.

[Mr Dev]

WoW that's nice!

[wyocowboy]

Looks nice, but too complex. Three down is enough, the Naz should head up tomorrow. Semi's should boost it up.......

[redfoliage2]

What about NYMO which appears to have a negative divergence with NYSE price movement.

[Mr Dev]

Looks nice, but too complex. Three down is enough, the Naz should head up tomorrow. Semi's should boost it up.......

No kidding,...see my post from yesterday,,,, today should have a nice move,... but I think if you are bullish you


should NOT be entering but exiting.

Bullsih Gap Up pattern


But btw Semis have been weaker when the general markets are strong,

and they've been generally stronger on rare days when the NAS or S&P are weak. Nothing has really changed there in the last 5-6 months

Edited by Mr Dev, 20 April 2007 - 09:22 AM.