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I'm a nice guy today - but please subscribe to stockcharts, it hardly costs anything... (I hope Chip Anderson does not read this...)Ed02 wrote:uempel, could you post the same 377 plot for now? (to better compare against the 2000 case).
uup flatlines also on stockcharts when we choose "performance" (ratio?). Have to compare uup using regular price, not performance. But we can run performance on spy with performance iwm, performance bkx, etc in background overlay...... THEN overlay regular price uupTabby wrote:99er and Auger,
Thank you both.
I have to work on it later on. On Flexible grid, I could put $SPX and UUP together as to seperate charts. UUP looks like a flat line, Dead on arrival ( DOA).
On Prophet chart , I was able to clone it but hard to see two charts side by side.
Stockcharts is much nicer but I am not a member, it does not go in detail.
I'll work on it on this weekend.
No, it's a 1 minute chart and it's a low. But these formations on the 1 min don't have significance - unless you're into highspeed tradingjarbo456 wrote:diamond top right?uempel wrote:Our friend 99 would write: Honey, diamonds are forever
bears are so freak'n weak. sell signal, fail. sell signal, fail. three times already.frankthetank wrote:look at the one month day chart its right up against the bolliger band and a red candles are forming. The highest volume was the last red candle. This thing going up on no volume.
uempel, not really wanting to make you repeat yourself, but can you give a quick summary of the importance of the 377 moving average and what implication is of the cross above it. Many thanks.uempel wrote:I'm a nice guy today - but please subscribe to stockcharts, it hardly costs anything... (I hope Chip Anderson does not read this...)Ed02 wrote:uempel, could you post the same 377 plot for now? (to better compare against the 2000 case).
looks like it should be a break to the upside though, no?BullTart wrote:Starting to run out of wiggle room here... sma's lining up altogether. First move may be a false move, followed by the real move in the opposite direction. Be careful!
I believe big-boys are slowly unloading. That's why nothing happens. My take of the market (without data to confirm): being above MA 377 (which is a bullish signal) is a great area to unload...jarbo456 wrote:bears are so freak'n weak. sell signal, fail. sell signal, fail. three times already.frankthetank wrote:look at the one month day chart its right up against the bolliger band and a red candles are forming. The highest volume was the last red candle. This thing going up on no volume.
at the same time, the bulls can't see to get beyond the vwap level on any of the charts. this is the third attempt to get and sustain prices above it.
Al_Dente wrote:Tabby wrote:99er wrote:SPX:UUP
uup flatlines also on stockcharts when we choose "performance" (ratio?). Have to compare uup using regular price, not performance. But we can run performance on spy with performance iwm, performance bkx, etc in background overlay...... THEN overlay regular price uup
Great chart. I love historical comparisons. It would make a lot of sense if things play out like this from here. If September is a red month, the chances October is red is highly unlikely. I still think we end the year in the S&P 1250-1300 range but movement similar to this chart might get me to lower it to the 1200-1250 range.uempel wrote:I posted this chart yesterday on Cobra's blog. It shows market action in October/November 2000 at the MA 377. Looking at today's action it well could be the scenario for the next few days...
JJS612, the MA 377 is kind of a model student, shows hardly ever wrong signals. What's going on now might be a bull-trap, I don't know. I've got a smallish short position and I am in wait-and-see mode.JJS612 wrote:uempel, not really wanting to make you repeat yourself, but can you give a quick summary of the importance of the 377 moving average and what implication is of the cross above it. Many thanks.uempel wrote:I'm a nice guy today - but please subscribe to stockcharts, it hardly costs anything... (I hope Chip Anderson does not read this...)Ed02 wrote:uempel, could you post the same 377 plot for now? (to better compare against the 2000 case).
Tabby wrote:Al Dente,
Thanks for reply; This is what I post earlier,
http://stockcharts.com/h-sc/ui?s=$SPX&p ... 3425484615
There are some charts shows than others but setting needs to be adjusted. Not crafty with charts.Thanks a lot.
Al_Dente wrote:Tabby wrote:99er wrote:SPX:UUP
uup flatlines also on stockcharts when we choose "performance" (ratio?). Have to compare uup using regular price, not performance. But we can run performance on spy with performance iwm, performance bkx, etc in background overlay...... THEN overlay regular price uup