Jump to content



Photo

Late Afternoon Rally?


  • Please log in to reply
4 replies to this topic

#1 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 18,053 posts

Posted 23 August 2007 - 12:47 PM

da boys pushing up before close?

#2 hiker

hiker

    independent trader

  • TT Member*
  • 12,118 posts

Posted 23 August 2007 - 01:01 PM

retraces of today's 1472 to 1453 SPX decline 1460.26 is .382 1462.50 is .5 1465 is .618

Edited by hiker, 23 August 2007 - 01:09 PM.


#3 selecto

selecto

    Member

  • Traders-Talk User
  • 6,871 posts

Posted 23 August 2007 - 01:03 PM

Well, they couldn't close the gap, maybe they will try and bust resistance. :)

#4 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 18,053 posts

Posted 23 August 2007 - 01:11 PM

Well, they couldn't close the gap, maybe they will try and bust resistance. :)

It's possible da boys loaded early in the day and now they are pushing for a rally or gap up tomorrow to get over the trendline resistance. :sweatingbullets:

#5 Russ

Russ

    Member

  • Traders-Talk User
  • 7,199 posts

Posted 23 August 2007 - 01:25 PM

Looks like its going to go down to test support into the Bradley astro date on the 26th of August...meaning either friday or monday for the low.
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/