rhight wrote:Tell me why I shouldn't go long a break above the HOD? Quickly.
boss the HOD is way up there
u have plenty of time to figure it out............
I was being rhetorical. 1636 resistance held, it looks like a backtest so far. So that was news algo driven? Why don't we vote on this like the Brits? Remember them, the guys we revolted against?
Last edited by rhight on Fri Aug 30, 2013 1:45 pm, edited 1 time in total.
Swing to Intermediate SPX Analysis - multiple time frame - Daily & 60 min time and price cycle analysis.
Usually trade SSO / SDS
this is why down market is difficult to trade than up market. you can get a sudden surge out of nowhere at any time. Also during a typical down day, you always get strong bull bars making you think the sudden surge would happen but mostly those bull bars get sold. Really hard to know which bull bar is the real bull bar.
anyway, NORMALLY, I'd say this rebound shall have legs. not sure if this is normal though.
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.
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.
As some of you know, I have been contemplating putting together my own blog for some time...I have been posting trade setups and wave counts here for some time....but I will be providing the majority of this information to subscribers only in advance of the move...please see my website below....
I have a couple of great setups and counts ready to go...let me know if you want to subscribe...
I don't think this will detract from Cobra's services in any way..he is still the master of the markets....
TraderGirl wrote:As some of you know, I have been contemplating putting together my own blog for some time...I have been posting trade setups and wave counts here for some time....but I will be providing the majority of this information to subscribers only in advance of the move...please see my website below....
I have a couple of great setups and counts ready to go...let me know if you want to subscribe...
I don't think this will detract from Cobra's services in any way..he is still the master of the markets....
Al_Dente wrote:
sweet boss congrats
when are u going to change your handle to ST short term instead of LT long term
Funny LT isn't for long term. I couldn't think of anything cool to use for a username so I just used my initials!
How are internals? Has that dome formed yet on the chart you posted a while back? My intraday 5-minute systems are saying weak/wimpy/low-confidence long right now.
*EDIT: long signal being nuked by current bar......
TraderGirl wrote:As some of you know, I have been contemplating putting together my own blog for some time...I have been posting trade setups and wave counts here for some time....but I will be providing the majority of this information to subscribers only in advance of the move...please see my website below....
I have a couple of great setups and counts ready to go...let me know if you want to subscribe...
I don't think this will detract from Cobra's services in any way..he is still the master of the markets....
Good onya
There is actually a lot of information I do not post on this site...I have been sending them out to select people. It is longer term forecast information, financial astrology...also, I keep some juicy trade setups for myself...so I will provide all of that in the subscription...
revisit day low, key time. Now this bear might leave with me on board AS ALWAYS because my short was stopped out flat during the surge moment ago.
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.
Legal note:Don't believe anything I say above. You may lose yourA$$..
My chart has Daily Elders (Close, High, and Low), MA-2, CCI, and ATR for each stock; all color coded.
Obama speaks in 10 minutes, markets just waiting on that. Odds are 50-50 he'll say "uhhh... we're...uhhh..ummm... going to bomb....ummm...the shit out of... umm ...uhh.. Syria..."....