Timing Market Turns

[W. B. Busin]

MRK rally helping here.

We will re-cycle the data.

Note: One of our data feeds is giving us trouble. Going to first alternate.




<b>Timing Market Turns – Thursday, 11/03/2005</b>

1-minute and 5-minute time loci are for the Eastern Time Zone, New York time.

Remember to “refresh the page” to see the edited post for about an hour. Then we will enter a new post here.

This is just an exercise for educational purposes. For fun, if you prefer.

<b>1-minute</b>

9:30:30
9:35:45
9:45

9:54

10:15


11:11
11:12

11:30

11:47
11:49
11:51


<b>5-minute</b>

9:30
9:35
9:45

9:55

10:15

11:10

11:30

11:40
11:45
11:50



Good Trading and God bless.

W. B. Busin

 

[W. B. Busin]

Data still on snafu

_________________


Timing Market Turns – Thursday, 11/03/2005

1-minute and 5-minute time loci are for the Eastern Time Zone, New York time.

Remember to “refresh the page” to see the edited post for about an hour. Then we will enter a new post here.

This is just an exercise for educational purposes. For fun, if you prefer.

1-minute

9:30:30
9:35:45
9:45

9:54

10:15


11:11
11:12

11:30

11:47
11:49
11:51

12:11
12:16


5-minute

9:30
9:35
9:45

9:55

10:15

11:10

11:30

11:40
11:45
11:50

12:10
12:15



Good Trading and God bless.

W. B. Busin

 

[W. B. Busin]

Volume studies indicate at or approaching a short term high for today.

NYC/Chicago lunch counter trading range expected till 2 p.m.

 

[W. B. Busin]

serious data issues... apologies.

nearly fixed

 

[W. B. Busin]

have 3:04 as a strong potential for low

does not look right for end of decline yet- structural is incomplete

 

[W. B. Busin]

working only 5-minute items:

3:25 and 3:30

1-minute

3:42

3:45
3:50



9:57 tomorrow

 

[W. B. Busin]

will sum up in 15 minutes

 

[W. B. Busin]

Timing Market Turns - 11/03/2005

Somewhere we have a data transmission issue. It might be with an ISP or GoToMyPC.

Proves Murphy's Law, eh? Today's morning session and afternoon session were near perfect swing trades for a daytrading system.

Finding clear 8, 5, 6, 8 point swings in a day is quite a fine thing, isn't it?

For tomorrow, we expect an attempt to fill the opening gap at 1214.50.

___________

The trend has been quite obvious since the lows of October 21st and 24th. Quite!

Getting through dozens of levels of prior support has taken longer than we thought. If the retail volume at the opens wasn't so frantic, the indexes might be able to take a steady pace upward without the force of filling gaps pulling it back downward.

Later this afternoon, I'll 'grade' the time loci, and repost them in order.

Till then.

Good Trading and God bless.

W. B. Busin

 

[W. B. Busin]

Timing Market Turns – Thursday, 11/03/2005

GRADED FOR ACCURACY- PLUS OR MINUS 1 BAR.

y= accurate
n= inaccurate
yn= possible & within 1 bar or time period.

1-minute and 5-minute time loci are for the Eastern Time Zone, New York time.

This was just an exercise for educational purposes. For fun, if you prefer.

1-minute

9:30:30 y
9:35:45 y
9:45 n
9:54 y
10:15 y
11:11 y
11:12 n
11:30 n
11:47 y
11:49 n
11:51 y
12:11 yn
12:16 yn

3:42 y
3:45 yn
3:50 yn

9:57 tomorrow

5-minute

9:30 y
9:35 y
9:45 n
9:55 y
10:15 n
11:10 yn
11:30 n
11:40 y
11:45 y
11:50 y
12:10 n
12:15 yn
12:32 Volume studies indicate at or approaching a short term high for today. NYC/Chicago lunch counter trading range expected till 2 p.m.

3:25 yn
3:30 y


Good Trading and God bless.

W. B. Busin

 

[W. B. Busin]

Tming Market Turns - 11/04/2005

For our day trading and option trading purposes, we expect the downward intraday move today to end and reverse to upward action at or in the 3:35 5-minute bar.

Extreme downward support at SPX 1203.30.

Good Trading and God bless.

W. B. Busin