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Gap Up to new highs on S&P


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#11 ogm

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Posted 02 October 2007 - 03:28 PM

Take a look at 15 min chart with MACD.... Nice setup for a gap up. darn imageshack is down , so I can't post.

#12 jack

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Posted 02 October 2007 - 03:49 PM

allyoucanupload.com worked very well for me no online gambling ads following the viewer of file that some times occurs when I view image shack files here

#13 norton

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Posted 02 October 2007 - 04:04 PM

gap down Wednesday. FWIW, Wed is day 55 (fib no) since the SPX 2007 high.

Posted Image

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Hiker, if my old eyes counted right, tomorrow is also day 34 up from the ES lows. double Fib day?
Please, help stamp out vibration.

#14 spielchekr

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Posted 02 October 2007 - 05:00 PM

NAV/Norton:

That might get interesting. As long as I'm playing around with sma rollover/rollunder (vertex) charts today, just for fun, note how those two sma rollover points are plenty diametrically opposed for tomorrow... as much as we're going to see for a little while. Their crossover is approaching, too.
(And here's what the dashed lines are supposed to mean). http://www.traders-t...?...st&p=318598
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=4&dy=0&i=p80168645784&a=118324618&r=8668.png

#15 arbman

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Posted 02 October 2007 - 05:44 PM

The market will go nowhere until the payroll which should resolve upward, it consolidates until the payroll, imho. If it rallies until the payroll, I will sell into a gap up on Friday.

#16 Rogerdodger

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Posted 02 October 2007 - 06:06 PM

Gap? What Gap?
[img]http://tbn0.google.com/images?q=tbn:AdYZed2VG_3fxM:http://exhippie.com/files/Alfred-3.gif[/img]
[img]http://money.cnn.com/.element/ssi/data/1.0/premk/sandp.gif[/img]

Edited by Rogerdodger, 02 October 2007 - 06:12 PM.


#17 Doug

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Posted 02 October 2007 - 06:55 PM

The futures, the open interest volume, the put/call ratio, the day's volume, the NH/NL ratio and the implied volitility do not support a large gap either way. That can change after 8 AM but as it stands now the SPX should open where it closed and trend gently down in the morning session.

Regards,


#18 NAV

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Posted 03 October 2007 - 01:27 AM

NAV, you had to ruin everything for us. Well if there is a gap down, it is a buy.

Denleo


Just reading my indicators. :D

I agree, with the current EMA configuration, if there's a gap-down, it's a buy.

I also agree with Doug that if there's a gap-up/down, it should be a small one.

Edited by NAV, 03 October 2007 - 01:28 AM.

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#19 Doug

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Posted 03 October 2007 - 06:55 AM

I dunno, it looks like we may see an 8 to 10 point gap down now. Odd. Good early call on the gap down.

Regards,


#20 Russ

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Posted 03 October 2007 - 09:33 AM

GAP DOWN tommorow.



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