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Nasdaq Small ABC Down Complete @ 2440


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#1 SemiBizz

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Posted 16 August 2007 - 08:36 AM

Long ABC Down Completes at 2425... published last week...

Lower Doomsday Channel Support line well under 2300

Posted Image
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#2 relax

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Posted 16 August 2007 - 08:48 AM

you da man ;-

#3 skyymaster

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Posted 16 August 2007 - 08:49 AM

Long ABC Down Completes at 2425... published last week...

Lower Doomsday Channel Support line well under 2300

Posted Image


We may get there if this is a valid H&S break
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#4 SemiBizz

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Posted 16 August 2007 - 08:54 AM

The intraday pattern has been a big increase in volume from 10-11am... We're either going to bounce now off the low or we're going to break it hard on volume and plummet to 2425, 2411, 2394.
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

#5 SemiBizz

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Posted 16 August 2007 - 09:45 AM

ABC Down is complete now at 2425, we should have been here a week ago, that whole last week was nothing more than a distribution bump... I had this target on radar in my blog on 8/3 but I expected is much sooner... I expect a bump and then a further crash...

Edited by SemiBizz, 16 August 2007 - 09:46 AM.

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