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Nasdaq LONG ABC DOWN COMPLETE (2425)


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#1 SemiBizz

SemiBizz

    Volume Dynamics Specialist

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Posted 16 August 2007 - 10:04 AM

Volume lightened up at the low and accelerated off the bottom. Not saying this is the bottom, but passed first test. Now it needs to break some candle highs on volume...

Edited by SemiBizz, 16 August 2007 - 10:05 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.

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#2 SemiBizz

SemiBizz

    Volume Dynamics Specialist

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Posted 16 August 2007 - 10:39 AM

OK, it appears we're going back into a freefall... if you are short Nasdaq and tech stocks keep your eye on that Doomsday channel... support is all the way down at 2354 for today.... Posted Image
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