Boy, GE sounds like a short, but this last chart looks bullish to me, on a break up.
Lower volume pullback, testing the lows on the high volume stick.
M
Look at the date Mark...
Er..yeah. Nevermind!
M
The 2 Key Resistance Numbers for Today SPX/NAS
Started by
SemiBizz
, Jun 25 2008 08:39 AM
23 replies to this topic
#21
OEXCHAOS
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Mark S. Young
Posted 25 June 2008 - 11:26 AM
Er..yeah. Nevermind!
M
Mark S Young
Wall Street Sentiment
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#22
SemiBizz
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- Traders-Talk User
- 23,208 posts
Volume Dynamics Specialist
Posted 25 June 2008 - 11:30 AM
Boy, GE sounds like a short, but this last chart looks bullish to me, on a break up.
Lower volume pullback, testing the lows on the high volume stick.
M
Look at the date Mark...
Er..yeah. Nevermind!
M
"One of the greatest swindles of all time"
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
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
#23
SemiBizz
-
- Traders-Talk User
- 23,208 posts
Volume Dynamics Specialist
Posted 25 June 2008 - 11:33 AM
Here's what we have on my monthly chart, Unless the market is closed for the next 3 trading days, GE has broken down again on the all time high monthly volume... I see WELL UNDER $25 coming on this pup even if there is another hysterical bear market rally that takes it to it's .50 R value above 30. Oops, ignore first chart, repeat of daily, 2nd chart is the monthly. Be nice if the administrators would enable delete for these attachments....
Edited by OEXCHAOS, 25 June 2008 - 11:49 AM.
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
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
#24
OEXCHAOS
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- Admin
- 22,041 posts
Mark S. Young
Posted 25 June 2008 - 11:50 AM
I got it with some difficulty. It may be a function that you have, and missed. I didn't find it very easily at all.
M
Mark S Young
Wall Street Sentiment
Get a free trial here:
http://wallstreetsen...t.com/trial.htm
You can now follow me on twitter
