Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Wed Apr 23, 2014 12:54 pm
SPY two higher lows, two lower highs
oy
bears will continue covering if they see a higher high
bunch of wussies
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
ALdaytrade
Posts: 1244 Joined: Thu Apr 04, 2013 12:55 pm
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by ALdaytrade » Wed Apr 23, 2014 1:11 pm
KPat wrote: My first attempt at this so please bear with me.
Noticed a H&S formation on the daily, is this a valid observation?
On the five hour chart, I have left shoulder March 7th, head April 3rd, april 22nd.
Going down.
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Wed Apr 23, 2014 1:16 pm
AAPL and FB report eps after the close today
the buzz is that AAPL will miss estimates and FB will beat estimates
.......we'll see.........
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Wed Apr 23, 2014 1:29 pm
SPX 5m still in the triangle.. running out of room.. hence the pattern may not work.. mind the open gap interday
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fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Wed Apr 23, 2014 1:32 pm
VIX 15m .. still forming a bullish falling wedge interday
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ALdaytrade
Posts: 1244 Joined: Thu Apr 04, 2013 12:55 pm
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by ALdaytrade » Wed Apr 23, 2014 1:35 pm
ALdaytrade wrote: KPat wrote: My first attempt at this so please bear with me.
Noticed a H&S formation on the daily, is this a valid observation?
On the five hour chart, I have left shoulder March 7th, head April 3rd, april 22nd.
Going down.
fehro, can you catch these dates on a chart, please?
My best attempt:
http://stockcharts.com/h-sc/ui?s=$SPX&p ... 4556520130
Last edited by
ALdaytrade on Wed Apr 23, 2014 1:38 pm, edited 1 time in total.
Cobra
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by Cobra » Wed Apr 23, 2014 1:46 pm
still in triangle, nothing to say. wait.
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fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Wed Apr 23, 2014 1:47 pm
ALdaytrade wrote: ALdaytrade wrote: KPat wrote: My first attempt at this so please bear with me.
Noticed a H&S formation on the daily, is this a valid observation?
On the five hour chart, I have left shoulder March 7th, head April 3rd, april 22nd.
Going down.
fehro, can you catch these dates on a chart, please?
This is the closest thing I can see to a H&S.. still has the rest of the year to play out.. if this is even a head....
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ALdaytrade
Posts: 1244 Joined: Thu Apr 04, 2013 12:55 pm
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by ALdaytrade » Wed Apr 23, 2014 1:52 pm
fehro wrote: ALdaytrade wrote: ALdaytrade wrote: KPat wrote: My first attempt at this so please bear with me.
Noticed a H&S formation on the daily, is this a valid observation?
On the five hour chart, I have left shoulder March 7th, head April 3rd, april 22nd.
Going down.
fehro, can you catch these dates on a chart, please?
This is the closest thing I can see to a H&S.. still has the rest of the year to play out.. if this is even a head....
Thank you.
Divergence in uvxy...
I was thinking smaller formation, as in this:
http://stockcharts.com/h-sc/ui?s=$SPX&p ... 9325754701
Last edited by
ALdaytrade on Wed Apr 23, 2014 1:56 pm, edited 1 time in total.
fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Wed Apr 23, 2014 1:55 pm
ALdaytrade wrote: fehro wrote: ALdaytrade wrote: ALdaytrade wrote: KPat wrote: My first attempt at this so please bear with me.
Noticed a H&S formation on the daily, is this a valid observation?
On the five hour chart, I have left shoulder March 7th, head April 3rd, april 22nd.
Going down.
fehro, can you catch these dates on a chart, please?
This is the closest thing I can see to a H&S.. still has the rest of the year to play out.. if this is even a head....
Thank you.
I was thinking smaller formation, as in this:
http://stockcharts.com/h-sc/ui?s=$SPX&p ... 9325754701
I don't see that as H&S. fwiw. .. maybe without the spike down..
fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Wed Apr 23, 2014 2:00 pm
SPX 5m... triangle broke... and retesting.. usually they break straight down/up
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MrMiyagi
Posts: 10336 Joined: Sun Oct 16, 2011 12:48 pm
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by MrMiyagi » Wed Apr 23, 2014 2:00 pm
Anyone see an edge somewhere?
VIX has been bottomfeeding all day.. time to rise and shine?
fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Wed Apr 23, 2014 2:02 pm
INDEX dailies.. NDX, COMPQ trying to hold 20d SMA... RUT too
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johnnywa
Posts: 1030 Joined: Tue Aug 23, 2011 11:09 am
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by johnnywa » Wed Apr 23, 2014 2:07 pm
Lower highs on iwm daily
fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Wed Apr 23, 2014 2:13 pm
SPX 5m triangle target is the lower gap.. it the blue line breaks...
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fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Wed Apr 23, 2014 2:22 pm
MrMiyagi wrote: Anyone see an edge somewhere?
VIX has been bottomfeeding all day.. time to rise and shine?
VIX 15m.. pressing resistance.. needs to pop above.. as NDX/ RUT just slip under 20d SMA
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Cobra
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by Cobra » Wed Apr 23, 2014 2:23 pm
triangle text book target. not sure.
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