7 replies to this topic

[hawkeyefan]

Just finished an impulse down perhaps on 1 minute (spx). What did it conclude? Is the end of a iv of something and up we go to the close? I guess not. Looks corrective back up so far. Maybe another impulse down coming later.

[eminimee]

It concludes that you should get off one minute charts....there is no way you can use that small a time frame for trading EW.

[hawkeyefan]

Just finished an impulse down perhaps on 1 minute (spx). What did it conclude? Is the end of a iv of something and up we go to the close?

I guess not. Looks corrective back up so far. Maybe another impulse down coming later.

5 minute chart looks a little more construstive than the 1 minute.


I know I should stay off the 1 minute I was just looking for a clue.

[eminimee]

this might be the plan..

http://stockcharts.com/c-sc/sc?s=$SPX&p=5&yr=0&mn=0&dy=3&i=p78697670242&a=93322579&r=4519.png

[eminimee]

Hawkeye..

If this is the plan....they could gap this thing up to go after the 1560 strike for open in the morning..



Click Here to see Full Sized Image

[hawkeyefan]

Hawkeye..

If this is the plan....they could gap this thing up to go after the 1560 strike for open in the morning..



Click Here to see Full Sized Image

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Looks like a good plan. I'm sure Mr. Market has no intention of tipping his hand.

[NAV]

Tp, Looks like a A-B-C is complete and the next leg up has begun on the 5-min charts today. 30-min momentum also confirms that. I don't think that's a triangle.

[hawkeyefan]

Tp,

Looks like a A-B-C is complete and the next leg up has begun on the 5-min charts today. 30-min momentum also confirms that. I don't think that's a triangle.

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That's an even better plan.

Tp,

Looks like a A-B-C is complete and the next leg up has begun on the 5-min charts today. 30-min momentum also confirms that. I don't think that's a triangle.

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That's an even better plan.

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I don't know if it will work this time, but tomorrow is a 16 day cycle that has marked past highs and lows.
I mean it has marked both. Just short term stuff.