http://bigcharts.mar...&mocktick=1.gif
We rallied 400 pts off the test of the low on lighter volume in March... the low here is 2491, 400 points away from the all time VOLUME High on the Monthly chart, which is an attractant.... 400 pts from here at 2892.... If you are truly a bear you do not want to see this recent low tested today on lighter volume...
Potential Bullish Fractal Setup on Nasdaq...
Started by
SemiBizz
, Aug 14 2007 12:33 PM
6 replies to this topic
#1
Posted 14 August 2007 - 12:33 PM
Price and Volume Forensics Specialist
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
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 14 August 2007 - 12:42 PM
Keep us in tune with that volume please semi if we get that test...
#3
Posted 14 August 2007 - 12:45 PM
Keep us in tune with that volume please semi if we get that test...
the march bottom is analogous and i have pointed it out a few times. the only major difference is that it was less volatile and cleaner, hard to understand what the market is doing at this very juncture.
but from a general perspective, double bottom seems to be forming.
“be right and sit tight”
#4
Posted 14 August 2007 - 12:46 PM
and I think csco is just testing breakout....admittedly...it's not much of a breakout at this point.
http://stockcharts.c...4543&r=3144.png
http://stockcharts.c...4543&r=3144.png
#5
Posted 14 August 2007 - 01:22 PM
If I see the word "fractal" again I'm going to scream.
#6
Posted 14 August 2007 - 01:30 PM
If I see the word "fractal" again I'm going to scream.
My F@CKTAL tells about intraday SPX 1414 tomorrow before huge reversal up.
#7
Posted 14 August 2007 - 02:59 PM
-------------------------If I see the word "fractal" again I'm going to scream.
My F@CKTAL tells about intraday SPX 1414 tomorrow before huge reversal up.
SPX 1414 should be right about my potential go long point of the cash NYSE support at 9200.
Please, help stamp out vibration.