NYMO went positive. Looks like we're on a launch pad here. Once we take out that falling trendline, should be fun.
Edited by ogm, 20 August 2007 - 09:37 PM.
SPX 60 min and NYSE CSO MCO
Started by
ogm
, Aug 20 2007 09:35 PM
3 replies to this topic
#1
ogm
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Posted 20 August 2007 - 09:35 PM
Notice the pattern change on SPX 60 min chart. Momentum still in gear. Faster MACD made higher high. SPX made higher high.
NYMO went positive. Looks like we're on a launch pad here. Once we take out that falling trendline, should be fun.
NYMO went positive. Looks like we're on a launch pad here. Once we take out that falling trendline, should be fun.
#2
snorkels4
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Posted 20 August 2007 - 09:45 PM
there must be a gremlin in there somewhere
Andy House, Texas Man, Accidentally Drives 2006 Bugatti Veyron Into Salt Marsh
http://www.zimbio.co...Veyron Crashing
http://www.zimbio.co...Veyron Crashing
#3
atlasshrugged
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Posted 20 August 2007 - 10:26 PM
your trend line on the price chart needs to start from the top not from the half way point!Notice the pattern change on SPX 60 min chart. Momentum still in gear. Faster MACD made higher high. SPX made higher high.
NYMO went positive. Looks like we're on a launch pad here. Once we take out that falling trendline, should be fun.
#4
ogm
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Posted 20 August 2007 - 10:38 PM
your trend line on the price chart needs to start from the top not from the half way point!
Haha.... I was expecting for someone to say that there is something wrong.
What other comments on the charts that I posted you don't agree with ? Is that the only thing you can find ?
Summation not oversold enough ? The positive divergences aren't positive enough ? MACD's use the "wrong" EMA's setting ? Lay it on....
By the way.. it also looks to me there is an inverse H&S on that SPX 60 min chart.
Edited by ogm, 20 August 2007 - 10:45 PM.
