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I KNKOW IT'S CRAZY TO THINK ,..BUT HERE'S A NDX SELL SIGNAL


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#1 Mr Dev

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Posted 18 May 2007 - 12:51 PM

Hi guys,

Just had to share a chart that corrects each and every time it exceeds the BOLLI-Bands.

I highlighted the mid-line Ma as a signal also used when traveling within the bands,...


Oooops I actually forgot to highlight a Green Buy Signal below the bottom band in the middle of the chart

ENJOY

NDX VXN RATIO
. ;)
Posted Image


Now you can see how I use it to be a FLIPPER !

Edited by Mr Dev, 18 May 2007 - 12:57 PM.


.. .. ..
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!

#2 Russ

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Posted 18 May 2007 - 01:01 PM

Thanks for the chart, what does the spx:vix look like on the 30 min?
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
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#3 jmicou

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Posted 18 May 2007 - 01:04 PM

Hi guys,

Just had to share a chart that corrects each and every time it exceeds the BOLLI-Bands.

I highlighted the mid-line Ma as a signal also used when traveling within the bands,...


Oooops I actually forgot to highlight a Green Buy Signal below the bottom band in the middle of the chart

ENJOY

NDX VXN RATIO
. ;)
Posted Image


Now you can see how I use it to be a FLIPPER !

Was looking at the weekly chart and just throwing out observations. This week is higher volume week than the prior six weeks, and it's not over. The prior weeks had black volume (either all six or five out of six depending on the charting vendor). This week opened at 46.77. The prior two weeks have had long tails, as does this one currently, but not yet closed. It'll be interesting to see how it closes.

Edited by jmicou, 18 May 2007 - 01:08 PM.


#4 Mr Dev

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Posted 18 May 2007 - 01:14 PM

Very interesting that along with this sell signal I have, my 60m sell signal is trying to reverse itself and turn to a buy.

This is why my suggestion for trading today and into next week was and still is,.. don't ...or if you do only 30% either

way and be equally balanced with the bullish and the bearish bets based on short term TA over the course of equal days.

Short term signals are colliding here. We may see a spike again in Volatility as the chart above suggest.

again trade safe... hmm even I should follow that advice. ;)

Was looking at the weekly chart and just throwing out observations. This week is higher volume week than the prior six weeks, and it's not over. The prior weeks had black volume (either all six or five out of six depending on the charting vendor). This week opened at 46.77. The prior two weeks have had long tails, as does this one currently, but not yet closed. It'll be interesting to see how it closes.


Ya j
here's the consolidation for the NDX on a 30m chart taking place and below that there is your weekly NDX candles and volume. Of course the prior weekly candles on the RUT were either 20points or 30points a week!

I haven't reached a conclusion based on these yet,...as the NDX is still slightly negative for the week but,..

oddly it doesn't feel like it.

Posted Image

Posted Image

Edited by Mr Dev, 18 May 2007 - 01:05 PM.


.. .. ..
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!

#5 arbman

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Posted 18 May 2007 - 01:44 PM

I think the index trading right here is a futile attempt, they will continue to be choppy until the trend resolves itself, I exposed my portfolio selectively to short and long individual issues. I'll be damned it goes straight down from here, it is way too obvious now...

#6 Mr Dev

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Posted 18 May 2007 - 01:52 PM

Thanks for the chart, what does the spx:vix look like on the 30 min?


Let me make that for ya,.. stand-by,..


Looks the Same Correction coming soon,...just when everyone was covering or buying more.. hopefully no one at this board tho!

Posted Image

Edited by Mr Dev, 18 May 2007 - 01:56 PM.


.. .. ..
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 jjc

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Posted 18 May 2007 - 01:52 PM

I think the index trading right here is a futile attempt, they will continue to be choppy until the trend resolves itself, I exposed my portfolio selectively to short and long individual issues. I'll be damned it goes straight down from here, it is way too obvious now...


I think they are taking it down; Strait no; But down.