Cobra
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Posts: 58541 Joined: Sat Feb 12, 2011 10:29 pm
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by Cobra » Tue Jun 28, 2011 9:06 am
Gap up above yesterday's range so chances are good that the gap won't be filled. Key point here, bulls either must go up and up or consolidate above the breakout point before up and up, otherwise a sharp pullback here would looks a lot like a Double Top.
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AK84
Posts: 574 Joined: Tue Feb 15, 2011 5:09 am
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by AK84 » Tue Jun 28, 2011 9:10 am
Morning!!
BullBear52x
Posts: 29600 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Tue Jun 28, 2011 9:13 am
GM, ES is right at resistance and Neg. D right at the moment.
Cobra thanks for your tireless effort on this forum
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My comments are for entertainment/educational purpose only. NOT a trade advice.
agnosia
Posts: 1491 Joined: Fri Mar 11, 2011 10:59 am
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by agnosia » Tue Jun 28, 2011 9:16 am
morning all.. caught a nice move this morning in crude and it stopped exactly at the weekly pivot and reversed .. 92.18... if we break 92.18 there's a very good chance we close the 93.40 gap.
99er
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by 99er » Tue Jun 28, 2011 9:18 am
moreno
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by moreno » Tue Jun 28, 2011 9:28 am
good morning and good luck
Cobra
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by Cobra » Tue Jun 28, 2011 9:31 am
the open.
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rhight
Posts: 608 Joined: Mon Jun 20, 2011 10:31 am
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by rhight » Tue Jun 28, 2011 9:32 am
overbought in 60 min and 15 min time frame.
Last edited by
rhight on Fri Feb 17, 2012 12:17 pm, edited 1 time in total.
Swing to Intermediate SPX Analysis - multiple time frame - Daily & 60 min time and price cycle analysis.
Usually trade SSO / SDS
HK88
Posts: 127 Joined: Wed Jun 01, 2011 9:10 am
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by HK88 » Tue Jun 28, 2011 9:39 am
Looks like bulls are trying a bit of a heavy lifting here...
rhight
Posts: 608 Joined: Mon Jun 20, 2011 10:31 am
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by rhight » Tue Jun 28, 2011 9:45 am
The view from here, will 1284-1285 become support (20 DMA)?
Last edited by
rhight on Fri Feb 17, 2012 12:17 pm, edited 1 time in total.
Swing to Intermediate SPX Analysis - multiple time frame - Daily & 60 min time and price cycle analysis.
Usually trade SSO / SDS
lumeipro
Posts: 50 Joined: Wed Jun 01, 2011 2:38 pm
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by lumeipro » Tue Jun 28, 2011 9:50 am
XLF is lagging. Shorting SPY @ 128.70
HK88
Posts: 127 Joined: Wed Jun 01, 2011 9:10 am
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by HK88 » Tue Jun 28, 2011 9:50 am
There is some trend line resistance here from June 1st, and June 22nd...
99er
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by 99er » Tue Jun 28, 2011 9:51 am
shumushu
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by shumushu » Tue Jun 28, 2011 9:55 am
nasdaq above red trendline on the 30min
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rhight
Posts: 608 Joined: Mon Jun 20, 2011 10:31 am
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by rhight » Tue Jun 28, 2011 9:56 am
Swing to Intermediate SPX Analysis - multiple time frame - Daily & 60 min time and price cycle analysis.
Usually trade SSO / SDS
cheech
Posts: 95 Joined: Tue Jun 28, 2011 9:30 am
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by cheech » Tue Jun 28, 2011 9:56 am
shumushu wrote: nasdaq above red trendline on the 30min
QQQ at resistance. Should fall at least from 55.10 from here I think
soku
Posts: 1893 Joined: Fri Mar 25, 2011 10:02 am
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by soku » Tue Jun 28, 2011 9:56 am
market show top sign at 1283 ahead of richmond at 10:00. if data bad, we will see sharp drop.
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uempel
Posts: 8685 Joined: Tue Feb 15, 2011 6:38 am
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by uempel » Tue Jun 28, 2011 9:57 am
rhight wrote: The view from here, will 1284-1285 become support (20 DMA)?
Yes, I guess the 20 DMA is crucial, now at 1284.13, SPX must close above. On my hourly chart I got a buy signal 10 minutes ago.