I would like to see a higher high first, no bull

A

Aaron Copland

I see nothing in this chart that tells me to go long, only unless you like picking bottoms.

Can we at least clear some resistance before Wall Street declares the bear a total fake out.

Today was a relief rally from deeply oversold levels. That’s it period.


<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1986740 width=800>
 

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Quote from Aaron Copland:

I see nothing in this chart that tells me to go long, only unless you like picking bottoms.
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You see nothing?
Shocker.

That's because you don't TRADE for a living . . . you just hang-out on ET as a "wannabee".
By the way, where did you get that chart from, Yahoo Finance?

:D
 
Quote from Landis82:

Where is the technical analysis?
Isn't this the Technical Analysis Forum?

But for those of us that actually TRADE for a living, we were aware that today was a fibonacci 34 days from the May 19th high.

http://www.math.temple.edu/~reich/Fib/fibo.html

Ka-Ching!

:D
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Ah yes complex fibs and waves, that’s the answer WOW. Let me butt right in and show everyone how smart I think I am look at me everyone IDIOT!

Post a chart landis, show us on a chart, do you even have a chart?
 
Quote from Aaron Copland:

Ah yes complex fibs and waves, that’s the answer WOW. Let me butt right in and show everyone how smart I think I am look at me everyone IDIOT!

Post a chart landis, show us on a chart, do you even have a chart?
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what i want to see is a prediction based on fib, not fib BS after the fact.
 
Landis if you can show me were you posted that today was going to be as you say Ka-Ching, then I will take back every thing bad I have ever said about you.

Otherwise your just making silly references after the fact.
 
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