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Bearish Upthrust Setup on Nasdaq


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#1 SemiBizz

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Posted 05 September 2007 - 08:35 AM

(eom)
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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

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Posted 05 September 2007 - 09:03 AM

This may move pretty fast now... the next support after 2582 is broken is 2557....
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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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#3 SemiBizz

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Posted 05 September 2007 - 10:10 AM

QQQQ 3 min low breaks on VOLUME... stand by.
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

#4 SemiBizz

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Posted 05 September 2007 - 10:32 AM

49.11 next support QQQQ
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 05 September 2007 - 11:38 AM

Took partial profits from yesterday's QID... volume lightened up ahead of the Beige Book Mystery...so without sustained selling pressure, they are going to mark them up. I'll let them buy the mystery, I will sell the history...



$$
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

#6 SemiBizz

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Posted 05 September 2007 - 03:24 PM

mmmm good :) , love those bearish upthrusts... we missed yesterday's low by pennies today but closed near enough to it to see a run for it on the open tomorrow.... 2582 next good support. All n all another great day of watching the bulls trying to dig their heels into that flood of mud pouring down the slippery slope of hope...

Edited by SemiBizz, 05 September 2007 - 03:29 PM.

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