Jump to content



Photo

5/10 Turn Still Valid


  • Please log in to reply
13 replies to this topic

#11 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 14 May 2007 - 01:00 PM

http://bigcharts.mar...&mocktick=1.gif



Bull Studs need a shot of viagra...
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#12 jmicou

jmicou

    Member

  • Traders-Talk User
  • 2,749 posts

Posted 14 May 2007 - 02:13 PM

http://bigcharts.marketwatch.com/charts/big.chart?symb=gs&compidx=aaaaa:0&comp=soxx&ma=0&maval=9&uf=0&lf=1&lf2=2&lf3=4&type=4&size=2&state=15&sid=147544&style=320&time=2&freq=7&nosettings=1&rand=4040&mocktick=1.gif



Bull Studs need a shot of viagra...


A mixed metaphor. Bulls are non-castrated male cattle; studs are non-castrated male horses. :rolleyes:

#13 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 14 May 2007 - 03:14 PM

Volume is light today overall Nasdaq. 2545 target here, 2539 next support. Should we test lower we can spring off one of these two or test the 5/10 low of 2533.... I think if we're truly going lower on this light volume I"d expect a spring off one of the support points, a test of higher pivots 2555 or 2561 before we can conclude anything. We could be forging ground for a higher volume down day tomorrow.





Pretty much as expected today. Volume was light, we did get a spring off the 2539 test, but no follow through to the upside...So for tomorrow for the open 2533 is support and 2551 resistance.
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#14 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 15 May 2007 - 01:49 PM

5/10 low tested per forecast... Comes on lighter volume, expect some retracement...
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics