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I will post my prediction :) If I was to try & gun down a top to this, then I would expect it to come in around 1100, that is where the Monthly bearish TL rests (approximate level of course) it is also a horizontal gap level, is it not? (2150-2200 approximate gap zone for Nazdaq) On...

2/3 scaled +2.75

L997 s994.75ish

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2546451>

980 was Daily support zone, all bulls needed to see is strengthening p/a near support, once formation was in place & price started to rise you got all the confidence that is required for a price run, no FED required. I made a mistake earlier on, I should have gone Long (after the short) as...

Intraday it is a bull market, at least that's what price is saying. A 5+ point move in minutes is not a sign of weakness ImPO, volume or no volume

-1 Stupidass, had my "eyes closed", 3m clearly suggested intraday continuation

S987 SL988

Are they building intraday right shoulder?

What he was trying to say is that your conviction is stronger than price action. What would be better for you is to be more patient & to follow price action (trade what you see) instead of picking tops & bottoms (trading what you think). Fundamentals need to be timed by technicals, if you ignore...

1/3 +8.5

I was referring to 4 hour chart, isn't there a sign of DB on RTH also?

Looks like price trying to DB, histogram points to stronger p/a, if 990 is taken we have a technical DB, right?

2/3 scaled +2

L979 s976.5

Classic updrift into previous support & BAM!!! What do you think? :)

I see a wedge/triple divergence on 30m/60m charts with a target of 994

I vote UP :) P.S. Maybe with a drop for a DB

LOL, I look at same 30m chart & see 995 :)

Looks like it wants to go up ImPO