Nasdaq Bullish Spring Setup...
#1
Posted 30 July 2007 - 03:18 PM
Volume is declining on the way down, therefore we're going to consolidate and test some previously high volume highs starting with 2609, we may or may not be testing 2632 on this rally. Overall we are setting up the next leg down....
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
#2
Posted 30 July 2007 - 03:21 PM
Edited by hiker, 30 July 2007 - 03:30 PM.
#3
Posted 30 July 2007 - 03:31 PM
Edited by SemiBizz, 30 July 2007 - 03:33 PM.
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
#4
Posted 30 July 2007 - 03:32 PM
#5
Posted 30 July 2007 - 03:33 PM
#6
Posted 30 July 2007 - 03:35 PM
#7
Posted 30 July 2007 - 03:44 PM
Edited by SemiBizz, 30 July 2007 - 03:51 PM.
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
#8
Posted 30 July 2007 - 04:03 PM
#9
Posted 30 July 2007 - 04:09 PM
Semi, it looks like a 5 down to me from the 1550+ high and we're done with 3 of it. We've got a 4th back up and that's the ABC I'm speaking of. Then, we'll see a 5th wave sell-off down below 1460 again.
If you are talking about ES, I looked at it last nite, it looks like it could go quite a bit higher(1530) from here, which makes me wonder about Nasdaq as well.
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
#10
Posted 31 July 2007 - 08:35 AM
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