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SPX daily


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#1 hiker

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Posted 20 September 2007 - 11:31 AM

I am playing for a downside break intraday of 1522 but who knows....am short from above, and not leveraged...likely a daytrade

btw, yesterday's volume weighted avg. price for SPY was 153.60 (closing basis)...and price was below the VWAP line for more than 50% of the day....buyers from yest trapped above.

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Edited by hiker, 20 September 2007 - 11:43 AM.


#2 hiker

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Posted 20 September 2007 - 01:04 PM

flipped to SPY long at this intersection of data points near where the low of day so far resides spy gap 152.46, s1 pivot 152.56, and 15min 60ema @ 152.38 very tenuous though on this long trade... hard to be daytrading the bullish scenario today with lower highs and lower lows so far... 14:02 COMDX Crude oil hits new all time intraday high ($82.70pbl)

Edited by hiker, 20 September 2007 - 01:07 PM.


#3 hiker

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Posted 20 September 2007 - 01:37 PM

SPX 1517.9 is a fib retrace of interest..next low of day? 1519 area may be it.

#4 hiker

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Posted 20 September 2007 - 01:55 PM

long near SPX 1517.9 has min risk to 1514

#5 SemiBizz

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Posted 20 September 2007 - 02:35 PM

That CFC got over my 21.68 target and gave it up, just like I thought it would.

Edited by SemiBizz, 20 September 2007 - 02:36 PM.

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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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#6 hiker

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Posted 20 September 2007 - 02:40 PM

very accurate call, SB..how was the sashimi the other night? ....nothing like fresh tuna.

Edited by hiker, 20 September 2007 - 02:41 PM.


#7 SemiBizz

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Posted 20 September 2007 - 03:36 PM

very accurate call, SB..how was the sashimi the other night? ....nothing like fresh tuna.





Was reallllly good. I have a little twist I add to the normal wasabi/soy... a few drops of toasted sesame oil. Wife loved it. We practice sashimi quality control on my boat... a long involved process but worth it in the end. Tuna is very fragile, have to be bled, gutted and chilled rapidly to have it come out perfect. We load on 1000 lbs of ice before we go out there.

Edited by SemiBizz, 20 September 2007 - 03:37 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