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  1. F

    Inverted head and shoulders on the SPX?

    Interesting that the TRIN was bullish yesterday, and the VIX didn't spike up like one would expect on a four percent down day. I'm expecting a bounce Friday and maybe a sell off before close.
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    Inverted head and shoulders on the SPX?

    Interesting that the VIX dropped yesterday, even though markets were down. How much importance would you all put to that?
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    Inverted head and shoulders on the SPX?

    With everyone single person in the world now a bear, I just have to look for an up day on Monday. Futures aren't helping, but atleast support 1 is holding so far. Also I notice that on Friday the bears weren't even able to break the trading range to the downside, doesn't show a lot of strength...
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    Inverted head and shoulders on the SPX?

    I messed that link up: Here it is: http://www.freetradingvideos.com/forum/forum_posts.asp?TID=1924
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    Inverted head and shoulders on the SPX?

    As the BANK indices are generally leading these markets in either direction, and C is probably the most followed, and also showing the greatest movements in either direction, I'm following C to follow the markets. C closed beneath support yesterday which puts me on the bear side...
  6. F

    Inverted head and shoulders on the SPX?

    I'm paying close attention to the bear pennant were inside of. 748 is about the bottom of that line, so I imagine that will provide support today.
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    Inverted head and shoulders on the SPX?

    I'm getting sea sick
  8. F

    Inverted head and shoulders on the SPX?

    Well sometimes you just have to turn bullish. Wow, futures are up over the high value area, but are struggling with support 1. We could be making a double top on the resistance of Thursday's close as well around 780ish. However, since we are overextended, already kissed the bottom (...
  9. F

    Inverted head and shoulders on the SPX?

    Friday's finish seems bearish to me, even though we had a candle. If you look at a 30 minute chart you'll see that we had range extension to the down side, and a selling extreme that made a failed range extension to the upside. We also closed beneath the low value area, and never even gathered...
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    Inverted head and shoulders on the SPX?

    That was great watching the fools rally this morning. That was a very clean sell off of 796.25, which was clear resistance. We've broken the low value area, and it's now acting as resistance, so I'm looking for a continuation down.
  11. F

    Inverted head and shoulders on the SPX?

    Monday will show, but that's not a good sign. VIX popped up as well. That might have just been a , " I don't want to hold over the long weekend sell off". What do you think?
  12. F

    Inverted head and shoulders on the SPX?

    The VIX continues to bleed, we're attacking 40 now. Very good sign. I often find that fake out break outs like last night, do tend to break out in the other direction, or they stock at about the mid point, or fifty percent retracement/pullback, and take the same direction out for good.
  13. F

    Inverted head and shoulders on the SPX?

    Well, when I say I'm bullish, that's not neccesarily for more than one day, or an hour or two past the open. The markets can turn on a dime, and so can I, I stole that phrase from a trader I watch. I also find it interesting that we are starting to stairstep up to the 50 sma. Interesting to...
  14. F

    Inverted head and shoulders on the SPX?

    I'm leaning towards the bullish side for a few reasons, 1. Bullish harami 2. Support held 3. Vix dropped about 5 times more than the idices rose 4. TRIN was very bullish almost all day 5. BANK finished up Bearish signs: Can I get some feedback on bearish signs, I...
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    Inverted head and shoulders on the SPX?

    Well, the VIX just didn't pop with it all did it? We're sitting right on support, and so far futures aren't going anywhere. Tomorrow, could show a nice pop!
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    Inverted head and shoulders on the SPX?

    I made a brief video here: <object id="csPlayer" width="940" height="627" classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" codebase="http://fpdownload.macromedia.com/pub/shockwave/cabs/flash/swflash.cab"> <param name="quality" value="high"></param> <param name="src"...
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    Inverted head and shoulders on the SPX?

    So if price were going up, and you were looking to short, you wouldn't find confirmation in a put/call ratio that was trending down would you? You would need the put/call ratio to be trending up when looking to short, if you used the put/call ratio that is. I've also heard that in extremly...
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    Inverted head and shoulders on the SPX?

    Hey Sirigian, Can you explain that chart to me? I've never used the put/call ratio because TOS doesn't have it. I'm going to check out that indexindicators.
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    Inverted head and shoulders on the SPX?

    Well, I can't wait for Monday. Just curious about opinions for Monday?
  20. F

    Inverted head and shoulders on the SPX?

    We're looking bullish, but has value really changed to the upside, or is this just a surprise reaction about the stimulus news?
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