Today's Pivots

harrytrader · Feb 5, 2004

Abstraction is as concrete as any other process

Just a question of practice. See tutorials here:

Type I & Type II consolidation:
http://www.econometric-wave.com/quiz/dji_011203_for_021203/
http://www.econometric-wave.com/quiz/dji_050104_for_060104/

Quote from plumlazy:

Dag gone Harry - your charts are as abstract as you are

harrytrader · Feb 6, 2004

The problem short term is of course the 10546.2 resistance in orange color. Generally "they" like to make failure on that level to crush the bulls and then plunge to excite the bears before the true reversal

.

Quote from harrytrader:

Now Bullish Inverted structure on scale 3 see
http://www.elitetrader.com/vb/showthread.php?s=&threadid=24706&perpage=6&pagenumber=9
<IMG SRC=http://www.elitetrader.com/vb/attachment.php?s=&postid=425401>

harrytrader · Feb 6, 2004

Quote from harrytrader:

<IMG SRC=http://www.elitetrader.com/vb/attachment.php?s=&postid=425401>
The problem short term is of course the 10546.2 resistance in orange color. Generally "they" like to make failure on that level to crush the bulls and then plunge to excite the bears before the true reversal .

Clean break at 10546 exactly (and not 10450 the "psy" value) + double retest after
<IMG SRC=http://www.elitetrader.com/vb/attachment.php?s=&postid=426366>

harrytrader · Feb 11, 2004

We have just backwarded to the theorical top of 10746 of the past FOMC day (today's high was 10648 so within the normal expected error of the model) of the same fomc day on scale 2 see comments in the thread "Why I call Backwardation in time Feynman-like effect" here:
http://www.elitetrader.com/vb/showthread.php?s=&postid=429471#post429471
<IMG SRC=http://www.elitetrader.com/vb/attachment.php?s=&postid=429471>

Quote from harrytrader:

For Dow
<IMG SRC=http://www.elitetrader.com/vb/attachment.php?s=&postid=420490>
I'm angry because it is undershot by 2 points instead of overshot by 2 points. Generally it is rather overshot.

harrytrader · Feb 13, 2004

This is only the first target, haven't reached yet the weekly target at 10780 that has been posted one week ago see above:
"Now Bullish Inverted structure on scale 3"
http://www.elitetrader.com/vb/showt...27783&perpage=6&highlight=10546&pagenumber=10
<IMG SRC=http://www.elitetrader.com/vb/attachment.php?s=&postid=425401>

Quote from harrytrader:

We have just backwarded to the theorical top of 10746 of the past FOMC day (today's high was 10648 so within the normal expected error of the model) of the same fomc day on scale 2 see comments in the thread "Why I call Backwardation in time Feynman-like effect" here:
http://www.elitetrader.com/vb/showthread.php?s=&postid=429471#post429471

waggie945 · Feb 13, 2004

Now trying to bounce off the 61.8% retracement of the ES, from 1137.50 to the highs at 1158.75

1145.25 needs to hold for the Bulls!

Flashboy · Feb 13, 2004

Quote from waggie945:

Now trying to bounce off the 61.8% retracement of the ES, from 1137.50 to the highs at 1158.75

1145.25 needs to hold for the Bulls!

The exact low so far..

waggie945 · Feb 13, 2004

Just took it out by a tick . . .

Moment of Truth on one helluva "sloppy" thin trading day.
Someone quoted Briefing.Com on CNBC that the market is down 12-13 Friday's before this particular 3-day Weekend.

waggie945 · Feb 18, 2004

The S&P Futures find support at today's S1

1148.25

No moving averages or previous lows there!

Flashboy · Feb 18, 2004

Quote from waggie945:

The S&P Futures find support at today's S1

1148.25

No moving averages or previous lows there!

Waggie,

Is that S1?? I show S1 as 1153.03..

is it S2??

Today's Pivots

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