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QQQQ measurement


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#1 Rogerdodger

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Posted 25 April 2007 - 09:14 PM

The two blue lines are the exact same length from the 50 ma.
The 4 green lines are the exact same length from the 200 ma.
http://stockcharts.c...29787&r=870.png

#2 golden

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Posted 25 April 2007 - 09:36 PM

Nice work!
"There is only one side of the market and it is not the bull side or the bear side, but the right side."

#3 gti_99

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Posted 25 April 2007 - 09:38 PM

Hi, Roger, thanks for sharing. Looks like there is another 0.40 to 0.60 to go on the qqqq before the top. What is your sentiment chart saying? Is there a jump of the dots? Thanks.

Edited by gti_99, 25 April 2007 - 09:39 PM.


#4 Rogerdodger

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Posted 25 April 2007 - 09:45 PM

Sentiment remains muted tonight after another record close.
As I said this weekend:

"Isn't that bullish?
SPX RSI 12 is over 70 and one system on my blog says: "Do not buy over 70."
But history shows it can get a bit silly when over 70 on a breakout."


Sentimentrader.com had a little bullish jump tonight, but no extremes in a long time.

Edited by Rogerdodger, 25 April 2007 - 10:50 PM.


#5 da_cheif

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Posted 25 April 2007 - 10:38 PM

5 wave spandos are continuation patterns........

#6 Rogerdodger

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Posted 25 April 2007 - 11:17 PM

5 wave spandos?

Looks more like you are wearing Spandex.

Super Spandex! :D

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#7 jjc

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Posted 26 April 2007 - 03:31 AM

The two blue lines are the exact same length from the 50 ma.
The 4 green lines are the exact same length from the 200 ma.
http://stockcharts.c...29787&r=870.png

Interesting approach. thx Roger.