8 replies to this topic

[SemiBizz]

The way this reads is that today's low was a problem. And it's going to be tested at a minimum. I expect if we do have what looks to be a gap up opening we're going outside this trend line I laid out here... call it the doomsday channel. Now if we absolutely don't blow it out on FAST UPTREND tomorrow, it's time to look out because at the bottom of that channel is the irresistible force of that huge volume low at 2583.

Edited by SemiBizz, 25 July 2007 - 11:36 PM.

[arbman]

It can shoot under the channel to create a good ST buying opportunity, but there is not much time and there is a gap up waiting, a turn up tomorrow would be a confirmation...

- kisa

[SemiBizz]

2619 is the key pivot right here... either going to be support or resistance.

[SemiBizz]

And Nasdaq must get over 2650 today to escape the "Doomsday" channel... 2619 Volume support pivot is holding for now, the volume is ballistic and decisive. "Another new low broken on volume" daily candle outlook...

[SemiBizz]

Today's volume will produce a decisive result. Currently projected at 3B+. 2583.24 is the number to watch, if we break that on over 3.2B shares it is big trouble...



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



That large volume spike candle from 6/22 low is what is being tested today.

Edited by SemiBizz, 26 July 2007 - 10:45 AM.

[SemiBizz]

Bagged and Tagged... 2583.24

[SemiBizz]

Volume projection upgraded to 3.25B... they better pull this up hard or there's an ugly target way down at 2251...

[SemiBizz]

upper boundaries of the Doomsday Channel on Nasdaq is now 2585 Resistance. Nasdaq must exceed 2585 now to prove it can go higher...

[SemiBizz]

Blowout Volume Nasdaq... which means today's low will be tested...