Nice charts Al. I'm not doing much today, believe there will be be action tomorrow Friday and/or Monday. Of course I don't know what's going to happen, my favorite scenario is a huge rally followed by a drop - but things are never that easy and rewarding (with an exception here and there )
Nice charts Al. I'm not doing much today, believe there will be be action tomorrow Friday and/or Monday. Of course I don't know what's going to happen, my favorite scenario is a huge rally followed by a drop - but things are never that easy and rewarding (with an exception here and there )
yyy.png
Hi uemp, thx
15 handles is what I’m worried about…..
Tomorrow shld be big day NFP…consensus 155k…8:30 ET….
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Wow, wonder if that is a sign??? BDD is not a widely traded etf (tracks Deutsche Bank Liquid Commodity index), but check out this comparison between SPX BDD and AGQ...
Cobra:
Your $NATV:$NYTV is spiking intraday again. Over 2.8. Is it normal to spike intraday and settle lower?
Also, many indications of severe beta chasing here. Head long rush into small caps relative to large caps, for example: http://screencast.com/t/iVo6eAwB
Nice charts Al. I'm not doing much today, believe there will be be action tomorrow Friday and/or Monday. Of course I don't know what's going to happen, my favorite scenario is a huge rally followed by a drop - but things are never that easy and rewarding (with an exception here and there )
yyy.png
i like that scenario--as i recall we have like 6 in a row nfp getting sold. so while we could go 7 in a row you have to be wondering here. according to the model often posted by cobra--a down open (eg "bad reaction" to the number) is bot leading to an up close. if that move is decisive--the spx will crack the 1330 area and could set up for 1-2 daily bars higher in the direction of 1350 to 1370. a move of this sort would extend the spx away from a working mean of the daily 20 ema and close enough to the prior highs for a sell to kick in.
so for a huge up we seem to want a down open--and for a huge down we want an up open and then say 2-4 days in a row down. short term (say 15/60 min) the more we end down the more possible an up is tomorrow--the more we end up the more possible a down.
as a possible reference--qqq is over the last years high--spx is just catching up to it. to if spx stops just at last years high--then qqq can test breakout from above such a test could involve a move close to the stockcharts 20 ema daily--which would be at 59.70 to 60 by the time we got there likely as not). that could be a clue--as we will likely hold first hit.
Nice charts Al. I'm not doing much today, believe there will be be action tomorrow Friday and/or Monday. Of course I don't know what's going to happen, my favorite scenario is a huge rally followed by a drop - but things are never that easy and rewarding (with an exception here and there )
yyy.png
I like huge rally then drop.
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jarbo456 wrote:anyone here using freestockcharts.com know if there's a way of saving a "study set" like there is on the TOS charts?
starting to get old having to individually put up the same studies over and over and over again every time i open a new symbol to chart.
describe "study set"
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
hmm, looks like the low was in. not sure and don't care because this is not bear attack as the pullback overlaps, so not impulse down.
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[email protected] wrote:Cobra:
Your $NATV:$NYTV is spiking intraday again. Over 2.8. Is it normal to spike intraday and settle lower?
Also, many indications of severe beta chasing here. Head long rush into small caps relative to large caps, for example: http://screencast.com/t/iVo6eAwB
Wow, wonder if that is a sign??? BDD is not a widely traded etf (tracks Deutsche Bank Liquid Commodity index), but check out this comparison between SPX BDD and AGQ...
TraderMama
Nice one
Do u trade DBB (soooooo thin) or just watch for confirm/non confirm PMs?
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
jarbo456 wrote:anyone here using freestockcharts.com know if there's a way of saving a "study set" like there is on the TOS charts?
starting to get old having to individually put up the same studies over and over and over again every time i open a new symbol to chart.
describe "study set"
my 5 standard moving averages i put on every chart...volume at price, RSI, and MACD settings...
instead of having to add each component to the chart...on TOS you can save the "study set" so that you can just upload it to any chart you open.