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03/18/2013 Live Update

johnnywa
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Joined: Tue Aug 23, 2011 11:09 am

Re:

Post by johnnywa »

MrMiyagi wrote:
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MrMiyagi,if we hit 155.83 tomorrow please enroll me in your Trade MrMiyagi Phantom bar Series
nightlyhawk
Posts: 107
Joined: Wed Apr 25, 2012 11:56 am

Re: 03/18/2013 Live Update

Post by nightlyhawk »

IMO, there is at least another lower low ahead because a) my ST model is still in bearish mode and b) below chart shows, in red circle, that downside strength is really strong from Friday and today. You can also tell that the black line already moved up prior to market pulling back on Friday, and c) statistics aren't too bright for bulls when market closed in red for both Friday & Monday.

So, bulls = be careful.
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jademann
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Joined: Wed Aug 22, 2012 10:49 am

Re: 03/18/2013 Live Update

Post by jademann »

cant decide whether tomorrow is up or down.. So perhaps we are flat going into FED speak wednesday?
My comments were dictated to me by homie the clown
nightlyhawk
Posts: 107
Joined: Wed Apr 25, 2012 11:56 am

Re: 03/18/2013 Live Update

Post by nightlyhawk »

FYI.

I'll update this MT chart and StockTiming chart (as seen over weekend post) regularly during Weekend reports. Hopefully, some of you will find such charts useful. Please note that the actual version of this chart is much more sophisticated than this one, which makes it look so messy. So, I create a simple version of it to avoid confusion.
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TradingJackal
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Re: 03/18/2013 Live Update

Post by TradingJackal »

It is terribly dangerous but I can see why DDD wants to take a stand here. Good for a quick bucks to the upside.
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There are no bulls or bears in the market. Only wolves and sheep.
Twitter @TradingJackal
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TWT
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Re: 03/18/2013 Live Update

Post by TWT »

$DAX_F : I doubt that the correction is over
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stlwater
Posts: 613
Joined: Fri Nov 04, 2011 2:00 pm

Re: 03/18/2013 Live Update

Post by stlwater »

nightlyhawk wrote:FYI.

I'll update this MT chart and StockTiming chart (as seen over weekend post) regularly during Weekend reports. Hopefully, some of you will find such charts useful. Please note that the actual version of this chart is much more sophisticated than this one, which makes it look so messy. So, I create a simple version of it to avoid confusion.

Nifty indicator.. can you tell us more about what it's revealing?
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