this is the 2nd test of the morning high, so any sharp pullback here would mean the high was in for today. key time.
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Thanks ALdaytrade, I made a mistake in the caption: Red time signal is for today 1:30 p.m, 34 minutes to go
ALdaytrade wrote:
ALdaytrade wrote:
uempel wrote:I didn't see the green Signal yesterday But tomorrow at 1:30 p.m. there's another signal (red) And next Monday too (blue)...
The attachment 99.png is no longer available
Hello uempel, I find your charts fascinating and accurate, so I really try to study them. Can you please check this chart, as the red doted line that you have indicated for tomorrow, seems to be short on the time frame and appears as if it is in the 26th time frame. If I am wrong, sorry for the impertinent comment.
Can someone check uempel's chart, is this in today's timeframe?
I'll give you all-you-can-eat flies that it won't get there...
MrMiyagi wrote:Hey kids, late riser today, in case anyone missed, the SPY 160.10$ pBar from yesterday was taken out this morning.
There's 163.47$ and 166.37$ targets on the upside left.
Had a signal for this morning..10am EDT...so far it timed a reversal from the high this morning...if we can't stay above this 1592-1594 area on SPY/SPX, then bearish...
TraderGirl wrote:Had a signal for this morning..10am EDT...so far it timed a reversal from the high this morning...if we can't stay above this 1592-1594 area on SPY/SPX, then bearish...
Losing SPX 1592 would mean bears completely take back what the bulls gained this morning which would make trading levels easier.
Also, 1592 is 20EMA for hourly and it is still a bull flag chart at this point. No easy day this week yet compared to last week.
Intraday NYMO is at -18 and sitting right below the 20BBand. The 10BBand is a few points further up.
NYADV at 2300, high but not extreme but importantly, is following a very high 2500 day,
SPX sitting right at 1601 area major VWAP resistance top. If it breaks through, it could ride up to 1622 with minimal resistance so keep a very close eye on both this and the NYMO level because one of them will win.
overshot, might see pullback here first then we'll see. a little larger pullback would favor bears that some chances the high was in for today.
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uempel wrote:Thanks ALdaytrade, I made a mistake in the caption: Red time signal is for today 1:30 p.m, 34 minutes to go
Thank you for clarifying this! I absolutely have no idea of where we are going at 1:30 pm.
102.png
ALdaytrade wrote:
ALdaytrade wrote:
uempel wrote:I didn't see the green Signal yesterday But tomorrow at 1:30 p.m. there's another signal (red) And next Monday too (blue)...
99.png
Hello uempel, I find your charts fascinating and accurate, so I really try to study them. Can you please check this chart, as the red doted line that you have indicated for tomorrow, seems to be short on the time frame and appears as if it is in the 26th time frame. If I am wrong, sorry for the impertinent comment.
Can someone check uempel's chart, is this in today's timeframe?
testing day high, volume surge, biggest bar, so still think a pullback here first then probably this bull has legs.
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uempel wrote:Thanks ALdaytrade, I made a mistake in the caption: Red time signal is for today 1:30 p.m, 34 minutes to go
Thank you for clarifying this! I absolutely have no idea of where we are going at 1:30 pm.
So, checking with $VIX, perhaps we are going down, due to support at 20ma and being so far away from 5 sma. Is this a double top then for today? HELP!!!!!
102.png
ALdaytrade wrote:
ALdaytrade wrote:
uempel wrote:I didn't see the green Signal yesterday But tomorrow at 1:30 p.m. there's another signal (red) And next Monday too (blue)...
99.png
Hello uempel, I find your charts fascinating and accurate, so I really try to study them. Can you please check this chart, as the red doted line that you have indicated for tomorrow, seems to be short on the time frame and appears as if it is in the 26th time frame. If I am wrong, sorry for the impertinent comment.
Can someone check uempel's chart, is this in today's timeframe?