rocstocktrader
Posts: 100 Joined: Fri Aug 26, 2011 3:36 pm
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by rocstocktrader » Mon Oct 24, 2011 3:32 pm
Interesting stock market video on S&P 500 making a remarkable recovery.
How it is back at a crucial Fibonacci retracement level which could present major problems for this index.
It can be found on the right sidebar under tools-free trading videos2.
http://stk.ly/qYFCaS
StrikePrice
Posts: 770 Joined: Wed Mar 30, 2011 1:27 pm
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by StrikePrice » Mon Oct 24, 2011 3:33 pm
StrikePrice wrote: Look for SPY below 125.41 at 2:30. That will confirm my sell signal. I anticipated the signal, which is what we must do to gain edge.
Valid Sell Signal triggered at 3:30. Not sure if we hit 5 of 5 or we're in 4 of 5. Tomorrow's open should reveal the Truth.
Dow Trader
Posts: 733 Joined: Thu Feb 17, 2011 11:59 am
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by Dow Trader » Mon Oct 24, 2011 3:34 pm
Unique wrote: Unique wrote: SPY should retest 1min 100sma here, or else we''re going to dive baby
SHORT!
Oh yeah baby. Go go bears!
. Test 123, then it'll probably consoldiate a little bit and retry.
watch this area for today before the close ( support )
Attachments
SB73
Posts: 1265 Joined: Wed Sep 14, 2011 12:20 pm
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by SB73 » Mon Oct 24, 2011 3:36 pm
Let's see if we ge a kick save into close like the last 4 session if memory serves me correct.
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Mon Oct 24, 2011 3:37 pm
waverider wrote: SPY just broke a three day support trend line.
Hi wavy, good catch thanks
Also, first time all day spy testing vwap
first time all day 5m tick dropped below zero line
mmmmm
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Richarab
Posts: 617 Joined: Thu Sep 22, 2011 12:19 pm
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by Richarab » Mon Oct 24, 2011 3:38 pm
SB73 wrote: Let's see if we ge a kick save into close like the last 4 session if memory serves me correct.
*punt* here it goes.
SB73
Posts: 1265 Joined: Wed Sep 14, 2011 12:20 pm
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by SB73 » Mon Oct 24, 2011 3:40 pm
Richarab wrote: SB73 wrote: Let's see if we ge a kick save into close like the last 4 session if memory serves me correct.
*punt* here it goes.
No kick save would be good for bears...another kick save probably means higher high tomorrow.
waverider
Posts: 863 Joined: Thu Aug 18, 2011 4:24 pm
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by waverider » Mon Oct 24, 2011 3:41 pm
Richarab wrote: SB73 wrote: Let's see if we ge a kick save into close like the last 4 session if memory serves me correct.
*punt* here it goes.
vwap bounce
"The only way to get a real education in the market is to invest cash, track your trade, and study your mistakes"
-Jesse Livermore
pady
Posts: 382 Joined: Mon Aug 29, 2011 3:22 am
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by pady » Mon Oct 24, 2011 3:41 pm
StrikePrice wrote: StrikePrice wrote: Look for SPY below 125.41 at 2:30. That will confirm my sell signal. I anticipated the signal, which is what we must do to gain edge.
Valid Sell Signal triggered at 3:30. Not sure if we hit 5 of 5 or we're in 4 of 5. Tomorrow's open should reveal the Truth.
True. Today we are following like how Asia traded - fell off at the close. Still danger area to short as stoch so high.
Richarab
Posts: 617 Joined: Thu Sep 22, 2011 12:19 pm
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by Richarab » Mon Oct 24, 2011 3:42 pm
waverider wrote: Richarab wrote: SB73 wrote: Let's see if we ge a kick save into close like the last 4 session if memory serves me correct.
*punt* here it goes.
vwap bounce
euro not helping
waverider
Posts: 863 Joined: Thu Aug 18, 2011 4:24 pm
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by waverider » Mon Oct 24, 2011 3:44 pm
bonds confirming a bounce to close up spy.
"The only way to get a real education in the market is to invest cash, track your trade, and study your mistakes"
-Jesse Livermore
SB73
Posts: 1265 Joined: Wed Sep 14, 2011 12:20 pm
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by SB73 » Mon Oct 24, 2011 3:46 pm
Did we just kiss the broken wedge goodbye?
MrMiyagi
Posts: 10326 Joined: Sun Oct 16, 2011 12:48 pm
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by MrMiyagi » Mon Oct 24, 2011 3:47 pm
Was expecting more of a downside towards the close... hmm.. headscratcher.....
Unique
Posts: 3911 Joined: Tue Sep 06, 2011 3:19 pm
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by Unique » Mon Oct 24, 2011 3:48 pm
Unique wrote: Unique wrote: SPY should retest 1min 100sma here, or else we''re going to dive baby
SHORT!
Oh yeah baby. Go go bears!
. Test 123, then it'll probably consoldiate a little bit and retry.
Moment of truth...
tdo722
Posts: 953 Joined: Wed Oct 05, 2011 3:19 pm
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by tdo722 » Mon Oct 24, 2011 3:49 pm
Once again, MM keeps all of us guessing with no significant breakout to the uptown or downtown.
StrikePrice
Posts: 770 Joined: Wed Mar 30, 2011 1:27 pm
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by StrikePrice » Mon Oct 24, 2011 3:49 pm
pady wrote: StrikePrice wrote: StrikePrice wrote: Look for SPY below 125.41 at 2:30. That will confirm my sell signal. I anticipated the signal, which is what we must do to gain edge.
Valid Sell Signal triggered at 3:30. Not sure if we hit 5 of 5 or we're in 4 of 5. Tomorrow's open should reveal the Truth.
True. Today we are following like how Asia traded - fell off at the close. Still danger area to short as stoch so high.
I like a close below 125.36. So far looks possible.
ysc
Posts: 27 Joined: Fri Apr 29, 2011 11:12 am
Location: Dallas
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by ysc » Mon Oct 24, 2011 3:50 pm
MrMiyagi wrote: Was expecting more of a downside towards the close... hmm.. headscratcher.....
please don't scratche your head anymore, there is no hair at all.
99er
Posts: 3686 Joined: Mon Feb 14, 2011 3:43 pm
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by 99er » Mon Oct 24, 2011 3:51 pm
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Mon Oct 24, 2011 3:52 pm
too weak at vwap?
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.