Does anyone on the board trade RBOB futures? The December contract looks like the volatility of the last 2 days has set up a diamond pattern. Looking for someone with much greater skills in charting to confirm or trash. Thanks
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Repositioned short this morning but I am thinking I'll end the day neutral.
I continue to believe a high of some kind is close but the trend is up at the moment.
My signals are saying long now but the reward to risk ratio is getting thin up here.
I'll post some charts over the weekend.
even their pump cannot help them to keep this thing up
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)
fehro wrote:new colour scheme.. tagged trendline bounce? or break?
It bounced off the trend line, but I don't know if the bounce is sustainable. In fact, as I write it looks like SPX will breach the lower bound of your trend line
some mid targets... green/blue dotted
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Last edited by fehro on Fri Oct 05, 2012 2:58 pm, edited 1 time in total.
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TraderGirl wrote:AAPL...Mere speculation of course...but if we had 5 waves down for A, then we could get 3 or 5 waves down for C....
Support around $620...
I’ve been eyeballing that ginormous AAPL gap from 4/25
I think it was their blowout earnings gap
The TOP OF THAT GAP WAS 618.00
thx TG
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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