http://stockcharts.com/c-sc/sc?s=$SPX&p=D&b=3&g=0&i=p24434721663&a=96927041&r=9799.png
Carl's 20/50 cross profitable
Started by
Rogerdodger
, Aug 15 2007 11:56 PM
3 replies to this topic
#1
Rogerdodger
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#2
rkd80
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Posted 16 August 2007 - 12:00 AM
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&b=3&g=0&i=p24434721663&a=96927041&r=9799.png
rd,
if futures open the way they are positioned down, spx is jumping the creek over that support.
“be right and sit tight”
#3
Rogerdodger
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Posted 16 August 2007 - 12:07 AM
SPX P&F made a daily "Triple Bottom Breakdown" today with a target of 1350.
Ted's Charts
Ted's Charts
Edited by Rogerdodger, 16 August 2007 - 12:07 AM.
"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
#4
relax
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Posted 16 August 2007 - 02:41 AM
yes a triple bottom, but if it moves to 1.350 it will break the trendline at 1.400
a good point & figure rule is that price always returns to the trendline
so maybe we get a wash out today and a bit of friday
we have 3 black candles in a row - would be surprised to see five in a row
