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CAPITULATION - "R"eversal DAY


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#11 U.F.O.

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Posted 16 August 2007 - 09:14 PM

Ohhh. That explains it. I don't have McClellan on Metastock and have never heard of a "climactic volume indicator". On QQQQ's I didn't see anything in the standard indicator basket that was positively diverged any more than a rounding error. U.F.O.
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#12 ogm

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Posted 16 August 2007 - 09:25 PM

Here are the downside leaders.. Financials and real estate. The culprits of the end of the world....

Posted Image

Ohhh. That explains it. I don't have McClellan on Metastock and have never heard of a "climactic volume indicator". On QQQQ's I didn't see anything in the standard indicator basket that was positively diverged any more than a rounding error.

U.F.O.


You can probably code Mcclelan. You just need A/D data.

#13 Trend-Signals

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Posted 16 August 2007 - 09:33 PM



Good points..


$NIKK trading pattern is worrisome. They are trading down below the yesterdays low.

$SSEC is trading up though.


Do you think that market is creating more fear for Presidential appearance?

In the past, when Bush comes on TV, market does not react well.





Ohhh. That explains it. I don't have McClellan on Metastock and have never heard of a :lol: "climactic volume indicator :lol: ". On QQQQ's I didn't see anything in the standard indicator basket that was positively diverged any more than a rounding error.

U.F.O.





That's scary one...

Here are the downside leaders.. Financials and real estate. The culprits of the end of the world....

Posted Image

Ohhh. That explains it. I don't have McClellan on Metastock and have never heard of a "climactic volume indicator". On QQQQ's I didn't see anything in the standard indicator basket that was positively diverged any more than a rounding error.

U.F.O.


You can probably code Mcclelan. You just need A/D data.


XLF positive divergences


http://stockcharts.c...628027&r=57.png

Edited by Trend-Signals, 16 August 2007 - 09:35 PM.

Market Timing ... Trend-Signals.com

#14 U.F.O.

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Posted 16 August 2007 - 09:34 PM

Why is that scary? We become familiar with what our systems allow us to chart. Can you chart binary waves, Klinger, VHF or Ichimoku? If not....that's scary to me. :D Best. U.F.O.
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote!"
~Benjamin Franklin~

#15 Trend-Signals

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Posted 16 August 2007 - 09:39 PM

Why is that scary? We become familiar with what our systems allow us to chart. Can you chart binary waves, Klinger, VHF or Ichimoku? If not....that's scary to me. :D Best.

U.F.O.




Did you check XLF? It shows better Positive divergences.

Financial leads markets....
Market Timing ... Trend-Signals.com

#16 ogm

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Posted 16 August 2007 - 09:42 PM

Why is that scary? We become familiar with what our systems allow us to chart. Can you chart binary waves, Klinger, VHF or Ichimoku? If not....that's scary to me. :D Best.

U.F.O.




Did you check XLF? It shows better Positive divergences.

Financial leads markets....



Especialy is this whole decline is about the health of the US financial system.

#17 Trend-Signals

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Posted 16 August 2007 - 09:50 PM

All bets are off if the current supports are broken. Then we are going to see a huge H & S.... Financial has to reverse for good. ~~~ :bones: :bones: :bones: Yes, we need to see a strong support at the current level. $NIKK trading behavior is not encouraging. Hopefully, the Fed and President can handle the current crisis with their support tomorrow! It is crazy for them to just watch while financial markets and public is scared to death about credit jitters. THEY ARE MAKING A BIG MISTAKE TO JUST WATCH! :bones: :bones: :bones:

Edited by Trend-Signals, 16 August 2007 - 09:57 PM.

Market Timing ... Trend-Signals.com

#18 Trend-Signals

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Posted 16 August 2007 - 10:06 PM

$NIKK is testing 15615 +/- low. monthly TL support

http://stockcharts.com/c-sc/sc?s=$NIKK&p=M&st=1985-01-07&i=p63962353248&a=113137360&r=798.png

http://stockcharts.com/c-sc/sc?s=$NIKK&p=D&yr=1&mn=0&dy=0&i=p78238317984&a=114630993&r=503.png

Edited by Trend-Signals, 16 August 2007 - 10:11 PM.

Market Timing ... Trend-Signals.com

#19 Trend-Signals

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Posted 16 August 2007 - 10:42 PM

$NIKK is trading above the 15620 support. Another hammer close will be a good thing


http://investorshub....age_id=22141401
http://investorshub....age_id=22142657



The monthly TA targets 20.8k regardless the current bad sentiment.


http://stockcharts.com/c-sc/sc?s=$NIKK&p=M&st=1985-01-07&i=p63962353248&a=113137360&r=798.png

Edited by Trend-Signals, 16 August 2007 - 10:43 PM.

Market Timing ... Trend-Signals.com

#20 denleo

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Posted 17 August 2007 - 01:55 AM

There is not much correlation between Japan and US. Japan topped in 1990 and is down over 50% since that time. We are up huge since 1990. It effects the globex session and that's about it. But it makes an interesting conversation over good wine. Denleo