We are not gonna drop much today from here since we are at/near support. Bulls will do whatever it takes to buy those bounces. Next week will start the pullback
Last edited by KeiZai on Fri Feb 10, 2012 10:46 am, edited 1 time in total.
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
bear cub chart update
note inverted vix (green line) channel (red lines) compared with last time
pink circles show last time vix broke out to bull spy
today she breaks to bear spy http://stockcharts.com/h-sc/ui?s=SPY&p= ... listNum=15
PS anyone else having trouble updating/refreshing on stockcharts????
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
xfradnex wrote:Could not sleep. SPX revisit Chart shows very good support at 1345 level in multiple time periods (freshly updated for today). First 5 columns have the absolute Highs and Lows bined together. Second 5 columns have relative movement of the SPX open open bined together O to H and O toL (How far do we expect to move in one days action from the open). Last 5 are revisits Open to Close. GLTA
this is very interesting. pls update regularly.
The goal is not uniformity. It is understanding and idea exchange.
Hey thanos and knurbs....this is what a "turn date" looks like!!!
But I guess you don't believe in cycles and astro's....
And thanos, just remember what I said, "when the VIX and SPX are both up, it usually means a TREND CHANGE"
Do you see anything specific. 5 period EMA hooking up on a lot of inverse ETFs. For anybody considering these please for the love of everything that is good put a stop in. For all those that thought the sell off was over at open please wait for a chart pattern. I believe the highs will be revisted, but show me a pattern first.
Do you see anything specific. 5 period EMA hooking up on a lot of inverse ETFs. For anybody considering these please for the love of everything that is good put a stop in. For all those that thought the sell off was over at open please wait for a chart pattern. I believe the highs will be revisted, but show me a pattern first.
I see your note now...thanks for the update. By the way that shiteload of TVIX not bad today
key time. strong rebound here then it's double bottom.
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