5 replies to this topic

[hiker]

will 1547/48 hold back the intraday advances from here?

Edited by hiker, 15 October 2007 - 01:47 PM.

[humble1]

there is/was an ewaver here who, bearish at the time emotionally but reading and deferring to the waves, called this last peak above the highs BEAUTIFULLY. and he called it right near the low. also, of interest: i think he was looking for the peak to be a finishing up fiver on the daily. hmmmmmm ...... so, congrats to you whoever you are and (like mrs. calabash) wherever you are. p.s. sorry i cannot recall the handle. but please step forward if you read this.

Edited by humble1, 15 October 2007 - 01:53 PM.

[hiker]

bearish crossover (intraday basis so far) here only says to sell..not to short on this daily timeframe...shorter timeframes is another matter

[hiker]

I sold my SPY long (entered today) on the recent move up intraday today.

[hiker]

daily SPX midline BB represents intraday low so far. this may be bullish, if recovers from here in future days...remains an IF. 20day ema is below

[arbman]

SPX must move above 1550 ASAP, The old post. Otherwise 1500 even 1480 might be next... Given the ambiguity of the short term cycles due to the high volatility at the Aug lows and the lows due around here or next week, there is definitely a timing problem, but a quick decline similar to the July might take place if SPX does not move above 1550 immediately tomorrow. If it moves above 1550, this should be the bottom of the trading range, I think the upper limit is already established last week. Now, I watch...


http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=6&dy=0&i=p88453141247&r=6099&.png