SPX - 4 Charts to Watch
Started by
mss
, Oct 03 2008 08:50 AM
4 replies to this topic
#1
Posted 03 October 2008 - 08:50 AM
These have all be posted before, but now they will updated.
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=8&mn=9&dy=0&i=p74469655293&a=128499079&r=7284.png
http://stockcharts.com/c-sc/sc?s=$SPX&p=W&yr=8&mn=6&dy=0&i=p99197737897&a=139520680&r=725.png
http://stockcharts.com/c-sc/sc?s=$SPX&p=W&yr=10&mn=6&dy=0&i=p61331230210&a=136421765&r=595.png
http://stockcharts.com/c-sc/sc?s=$SPX&p=W&yr=10&mn=6&dy=0&i=p80843207697&a=152522727&r=5468.png
mss
WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
#2
Posted 03 October 2008 - 10:18 AM
Thanks mss,
Very much appreciated.
Slate
Before you start trading get your brain around risk control. Know how much leverage you're using and know when to go to cash if you're wrong.
#3
Posted 03 October 2008 - 02:01 PM
Great set of charts,,,,,,, Very nice work as always Scott
#4
Posted 07 October 2008 - 05:07 PM
those charts appear to be obliterated but the week is still young. A massive save tomorrow?
#5
Posted 08 October 2008 - 09:45 AM
QUOTE (dougie @ Oct 7 2008, 05:22 PM) *
MSS ; can you comment a bit more on this charting?
I draw a line from the highest point of price, to the lowest point of price. (in this case the light blue line). Then I go to the future price point and draw a line starting at the highest price point. The two lines are equal in time and angle, parallel. If a logical channel can be drawn on the first price group and transfered to the second, I do that also. A TOP to TOP line is drawn and a parallel is drawn from the bottom of the first group. This technique can also be done comparing an up trend.
Hope this helps, if you want more I'll try to explain it better.
best to you, mss
http://stockcharts.com/c-sc/sc?s=$SPX&p=W&yr=8&mn=6&dy=0&i=p99197737897&a=139520680&r=725.png
MSS ; can you comment a bit more on this charting?
I draw a line from the highest point of price, to the lowest point of price. (in this case the light blue line). Then I go to the future price point and draw a line starting at the highest price point. The two lines are equal in time and angle, parallel. If a logical channel can be drawn on the first price group and transfered to the second, I do that also. A TOP to TOP line is drawn and a parallel is drawn from the bottom of the first group. This technique can also be done comparing an up trend.
Hope this helps, if you want more I'll try to explain it better.
best to you, mss
http://stockcharts.com/c-sc/sc?s=$SPX&p=W&yr=8&mn=6&dy=0&i=p99197737897&a=139520680&r=725.png
Edited by mss, 08 October 2008 - 09:49 AM.
WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!