The signals seemed to be crossed today.
Zero line is attracting more than it's repelling.
Zero line is attracting more than it's repelling.
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Simple Profitable Method
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Do any agree?
I wonder if this is the result of the Fed day? I guess to the experienced, if the day shows this behavior, stay out. Or trade the cross towards the Zero line?
(that may be muddying up things)
I wonder if this is the result of the Fed day? I guess to the experienced, if the day shows this behavior, stay out. Or trade the cross towards the Zero line?
(that may be muddying up things)
14th Post!
Looking at the 10min MACD really shows no strong trending. Perhaps I can use that as an indication if the day's not panning out.
Looking at the 10min MACD really shows no strong trending. Perhaps I can use that as an indication if the day's not panning out.
Quote from Techdoodle:
Do any agree?
I wonder if this is the result of the Fed day? I guess to the experienced, if the day shows this behavior, stay out. Or trade the cross towards the Zero line?
(that may be muddying up things)
There was a bit of action in the morning but has been flatlining since 11. It is the result of any big move. The next day usually sucks. I have a feeling they may try to take out the highs later but until they do Im sitting on my hands.
I see what you mean. Of course the next day will flat line, what was I thinking?
Thanks,
Thanks,
Hey BB, You really anticipated the late PM well BB! Tight consolidation and a big pop. A market orgasm! (Don't get to excited T28.)
I posted a chart yesterday that I updated. It's worth a look.
The market made a 50% pullback off yesterdays low, made a bearish lookin bar all thru mid-day then really took off to new all time highs which it is holding very well. Support looks strong at 799.4.
The current channel's pretty well defined. See if we get a break or a bounce off that line tomorrow.
At this point, since I'm a cronic bear, I'm looking to short about 828. Remind me to use a stop.
I posted a chart yesterday that I updated. It's worth a look.
The market made a 50% pullback off yesterdays low, made a bearish lookin bar all thru mid-day then really took off to new all time highs which it is holding very well. Support looks strong at 799.4.
The current channel's pretty well defined. See if we get a break or a bounce off that line tomorrow.
At this point, since I'm a cronic bear, I'm looking to short about 828. Remind me to use a stop.
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3 point range in the ER2... I've seen more exciting knitting contests
Nah I'm watching the Blues Brothers... thank god for cable
They're on a mission from god
They're on a mission from god
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