Out of Bounds wrote:expecting a turn back down at 155.75
Huh .01 turnback
You only waited three minutes before seeing if I was right? Down 0.11 right now
Dont know what your looking at 155.72
I'm not interested in arguing. It was a tradeable call - you could have flipped it down to 155.64 and made money. It still may be valid as there seems to be some resistance. I can't help if you can't see it.
jungle trunks wrote:Cobra, or to the veteran technicians. How does ex-dividend effect charting? Since the chart shows a sort of artificial move down, do you ignore it and treat chart at face value?
I use SSO chart instead of SPY chart for today, don't you see? Then in the weekend the SPY chart will be dividend adjusted, I'll then use SPY chart again.
rebound to fib 61.8%, this is the bears last stand (I've given up on bears already though), must fight back before too late.
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jungle trunks wrote:Cobra, or to the veteran technicians. How does ex-dividend effect charting? Since the chart shows a sort of artificial move down, do you ignore it and treat chart at face value?
I use SSO chart instead of SPY chart for today, don't you see? Then in the weekend the SPY chart will be dividend adjusted, I'll then use SPY chart again.
Oh, I see SSO now, not enough coffee yet lol. Thanks for explaining
don't know if bears are over, but this bull has legs.
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jungle trunks wrote:Cobra, or to the veteran technicians. How does ex-dividend effect charting? Since the chart shows a sort of artificial move down, do you ignore it and treat chart at face value?
I use SSO chart instead of SPY chart for today, don't you see? Then in the weekend the SPY chart will be dividend adjusted, I'll then use SPY chart again.
always something new to learn, thanks cobra
Sorry Cobra, but I disagree here: seems to me like discussing what kind of shade of blue is right for the car you want to buy. Daytraders won't be affected because the switch is overnight, and for swings and longer term trades the gap should be corrected by Monday... Focusing on issues like this won't help anybody make some money, it's just noise.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.