this pullback would be bought. the low of the big white bar now is the support.
Attachments
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Al_Dente wrote:HARAPA
Do u have agree long INTRADAY ONLY with overbought already?
(my renko still calls it a flag, but the vixies are calling long?)
I just missed this.
I think there is more to go as this setup has moved to buy as well. Yes, vixies ST a buy but under negative pressure form higher time frames
same source Harapa: weekly spy never blinked on this downmove......
Anyone have thoughts on a dayly bullflag forming? Don't think I want to get long intermediate term at these levels here ....
Tutti wrote:This market...well it reinforces the need to have a healthy sense of humor.
Tutti
Other day u said u were watching measured move on aapl chart
Could u post chart, pls ??
Sure. I don't know if I "believe" the larger target (too steal a Cobra saying )but 2 targets, one in blue one in black. Hope it helps, feel free to disagree.
*EDIT//I think you were asking for the move I was watching, not the target. The move is from 1/25 - 4/10.*
Last edited by Tutti on Fri Aug 24, 2012 12:01 pm, edited 1 time in total.
Tutti wrote:This market...well it reinforces the need to have a healthy sense of humor.
Tutti
Other day u said u were watching measured move on aapl chart
Could u post chart, pls ??
Sure. I don't know if I "believe" the larger target (too steal a Cobra saying )but 2 targets, one in blue one in black. Hope it helps, feel free to disagree.
AAPL MM 24AUG12.GIF
Love the chart, and I like a good bottom as much as the next guy ; but that 648 area doesn't bother you?
Al_Dente wrote:HARAPA
Do u have agree long INTRADAY ONLY with overbought already?
(my renko still calls it a flag, but the vixies are calling long?)
I just missed this.
I think there is more to go as this setup has moved to buy as well. Yes, vixies ST a buy but under negative pressure form higher time frames
same source Harapa: weekly spy never blinked on this downmove......
Anyone have thoughts on a dayly bullflag forming? Don't think I want to get long intermediate term at these levels here ....
bestweekspy.png
Few days-weeks, we still have up momentum in works. However, need a very disciplined approach to make some money at this juncture.
On my momentum block list daily signals are in buy mode. Aso most of the selling in VIXIES didn't pentrate hourly time frame. Real correction is not so close, but this time could be different.
Above is provided for informational purposes only and shouldn't be considered an investment advice or recommendation to buy or sell anything.
pullback indeed, there should be a rebound somewhere. perfectly if it could test EMA20 blue line first.
Attachments
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Tutti wrote:This market...well it reinforces the need to have a healthy sense of humor.
Tutti....Other day u said u were watching measured move on aapl chart.....Could u post chart, pls ??
Sure. I don't know if I "believe" the larger target (too steal a Cobra saying )but 2 targets, one in blue one in black. Hope it helps, feel free to disagree.
*EDIT//I think you were asking for the move I was watching, not the target. The move is from 1/25 - 4/10.*
thanks toot, VERY cool, I think I shall steal, pardon, borrow that one
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Al_Dente wrote:HARAPA
Do u have agree long INTRADAY ONLY with overbought already?
(my renko still calls it a flag, but the vixies are calling long?)
I just missed this.
I think there is more to go as this setup has moved to buy as well. Yes, vixies ST a buy but under negative pressure form higher time frames
THANKS BOSS
Post Postpartum:
The move didn't qualify as a good signal as not all vixies (VIX/VXO/RVX/VXN) issued a buy within 20 minutes and price ribbons didn't turn positive. May be a head fake!
Above is provided for informational purposes only and shouldn't be considered an investment advice or recommendation to buy or sell anything.