How far this rally can go ?

Quote from DataCruncher:

you doing a fibonacci?
More...

Nope..no fibonacci..just feb 23 and feb 26 high was at that point. there was a double top and that's when it puked after that.
 
Quote from LongHead:

Nope..no fibonacci..just feb 23 and feb 26 high was at that point. there was a double top and that's when it puked after that.
More...

Don't forget the bearish engulfing daily candle on the 23rd (or thereabouts)... will be shorting the t!ts off >767... which, if I'm not mistaken is a 50% fib retrace off the bottom (based on Surinotes chart on the previous page).

B
 
Quote from Roman Candle:

Watch the tape on the ETFs SPY,DIA,QQQQ. Offers are being pulled and then hit with 100 lot trades. Volume on this rally off the lows is not all that grand. Not like a major bottom.

Pull up a weekly chart after the close today and look at the volume of SPY,DIA,QQQQ. We have not had a capitulation bottom yet.

This has been a good low volume counter trend rally.
More...

Finally.
 
Quote from Bootsie:

Don't forget the bearish engulfing daily candle on the 23rd (or thereabouts)... will be shorting the t!ts off >767.

B
More...

Good point..dint notice that.
 
You must log in or register to reply here.
Back
Top