M Mup Apr 1, 2009 #6,421 764 area is the lesser 1:1.... Just needs to go below that 780 area to get the Momentum Bots 3 bar -ve.... 120min Globex Attachments pw223259-40.png pw223259-40.png 46.5 KB · Views: 100
764 area is the lesser 1:1.... Just needs to go below that 780 area to get the Momentum Bots 3 bar -ve.... 120min Globex
M Mup Apr 1, 2009 #6,422 Hmm teasted the 780 break but no close out... Anyway this 61.8% is a key area for a wave ii of an elongated (c) Much above this and things start to change.... 15min ES Attachments pw223259-41.png pw223259-41.png 45.6 KB · Views: 95
Hmm teasted the 780 break but no close out... Anyway this 61.8% is a key area for a wave ii of an elongated (c) Much above this and things start to change.... 15min ES
L Landis82 Apr 1, 2009 #6,423 Drop from 810.48 to 783.32 SPX this morning gets you the following retracements: 27.16 x .382 = 800.11 27.16 x .500 = 796.90 27.16 x .618 = 793.70
Drop from 810.48 to 783.32 SPX this morning gets you the following retracements: 27.16 x .382 = 800.11 27.16 x .500 = 796.90 27.16 x .618 = 793.70
L Landis82 Apr 1, 2009 #6,424 Crude down $2.00 and Nat-Gas making new contract lows for the move, but fund managers are still bidding up the oil service and nat-resource stocks. Unreal.
Crude down $2.00 and Nat-Gas making new contract lows for the move, but fund managers are still bidding up the oil service and nat-resource stocks. Unreal.
M mu200411 Apr 1, 2009 #6,425 Five waves UP and a higher high . There may be a measured move UP . Attachments 0401fivewavesandahigerhigh.jpg 0401fivewavesandahigerhigh.jpg 88.5 KB · Views: 89
E ed Apr 1, 2009 #6,426 Since the March 6th runup, I would prefer to see some retracement before it continues its uptrend. So I am seeing a complex "B" wave in progress before a "C" down. SPX 60min Eric, nice to see you're on a roll! Keep posting! Note: Still so difficult to post in ET.... Attachments spx_60min_01042009_abc_abc.jpg spx_60min_01042009_abc_abc.jpg 69.4 KB · Views: 220
Since the March 6th runup, I would prefer to see some retracement before it continues its uptrend. So I am seeing a complex "B" wave in progress before a "C" down. SPX 60min Eric, nice to see you're on a roll! Keep posting! Note: Still so difficult to post in ET....
L Landis82 Apr 1, 2009 #6,427 These guys are buying the financials again in front of this FASB "Mark to Market" meeting tomorrow.
E ed Apr 1, 2009 #6,428 Quote from ed: Whether yesterday's drop was a "A" wave down or wave 1 down, it is common to retrace 50% to about 61.8% before resuming its downtrend. SPX 30min http://www.elitetrader.com/vb/attachment.php?s=&postid=2370306 More... SPX seems to be going for that 61.8% retracement
Quote from ed: Whether yesterday's drop was a "A" wave down or wave 1 down, it is common to retrace 50% to about 61.8% before resuming its downtrend. SPX 30min http://www.elitetrader.com/vb/attachment.php?s=&postid=2370306 More... SPX seems to be going for that 61.8% retracement
E ericmoles Apr 1, 2009 #6,429 Here is another idea for a complex correction Ed. We'll know rather soon if it works out this way. The advance from 11:15 Eastern looks to be overlapping like an ending diagonal. Attachments 3min.gif 3min.gif 12.7 KB · Views: 90
Here is another idea for a complex correction Ed. We'll know rather soon if it works out this way. The advance from 11:15 Eastern looks to be overlapping like an ending diagonal.
E ericmoles Apr 1, 2009 #6,430 bigger picture Attachments anothercomplexedidea.gif anothercomplexedidea.gif 7.7 KB · Views: 111
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