Today's A/D
#1
Posted 26 July 2007 - 12:57 PM
#2
Posted 26 July 2007 - 01:03 PM
Edited by hiker, 26 July 2007 - 01:04 PM.
#3
Posted 26 July 2007 - 01:10 PM
i wonder..am seeing the prior rising tops t/l on the SPX cash during the recent 52 weeks is holding once again on this latest retest which also held on the earlier test today....why? is it that impt as support in this environment?
will we see the 34week ema near 1466 cash tested by close or tomorrow?
I am not sure what makes you say support is holding. For me the definition of support holding is seeing at least one green 60-min candle, after testing the support. So far not a single 60-min green candle today. Supports are crumbling one after the other. Just fugly !
Edited by NAV, 26 July 2007 - 01:11 PM.
#4
Posted 26 July 2007 - 01:11 PM
so you know I am not late to the party with my own version of turn analysis..see the posts at the end from 7/20 on -
http://forums.techni...post?id=1941314
Edited by hiker, 26 July 2007 - 01:12 PM.
#5
Posted 26 July 2007 - 01:16 PM
Edited by peregrine, 26 July 2007 - 01:17 PM.
#6
Posted 26 July 2007 - 01:18 PM
i was simply observing that the t/l was holding so far, and wondering why
so you know I am not late to the party with my own version of turn analysis..see the posts at the end from 7/20 on -
http://forums.techni...post?id=1941314
Hiker,
Interesting stuff !
#7
Posted 26 July 2007 - 01:31 PM
Edited by hiker, 26 July 2007 - 01:32 PM.
#8
Posted 26 July 2007 - 02:16 PM