My opinion: NO because I use 200ma 1min. chart to gauge my flag. this is why people confuse when the flag end or invalid you have to use something to measure it, let it be 20ma in 5min or 5ma in daily chart. if you use nothing than it is just a zig zag the low and high of it weight most like HH/LH or HL/LL for that maters.
Cool thank you much!
Cheers.
P.S. I love that song from Al_Dente just linked. haha..
See this? no flag to me but someone may still thinking that it is and it's broken down and re test? I will wait for the new set up to call it anything else.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
zipper wrote:A FUNDEMENTAL VIEW...
The market does look like its building up for another surge either tomorrow or friday BUT.
I have a problem with the Euro not responding and the Bonds so high today.
TLT/TBT also going opposite to market. TVIX holding steady....ish
OK, here comes the breakout of RSP. I see overshot on the SPY with biggest bar and volume surge, so I think we'll see at least a consolidation here.
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Cobra wrote:OK, here comes the breakout of RSP. I see overshot on the SPY with biggest bar and volume surge, so I think we'll see at least a consolidation here.
Cobra wrote:OK, here comes the breakout of RSP. I see overshot on the SPY with biggest bar and volume surge, so I think we'll see at least a consolidation here.
Cobra, 3 push-up on RSP? Thanks.
unfortunately the 3rd push is strong, so there should be more push up.
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Cobra wrote:OK, here comes the breakout of RSP. I see overshot on the SPY with biggest bar and volume surge, so I think we'll see at least a consolidation here.
Cobra, 3 push-up on RSP? Thanks.
unfortunately the 3rd push is strong, so there should be more push up.
Unbeatable market ! Dark GREEN close today !!!!!!!!!!
A little BSO here, my comment last night, the usual pattern today.
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Black bar and red NFP must not mean reversal nor are equities linked to the Eur. I will not front run no matter what (note that I do make small trades here and there, but the core must remain with the price action). SPX up and VIX up I once heard that there was a statisical opportunity there.
lqiantobe wrote:Corba~ As you expected, BAC rebound good , is it exhaustion?
hold.
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