ok, make it a little bigger descending triangle. still not sure, as descending triangle means continuation so it doesn't mean the breakout would be sure on the downside. so not much clue now.
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.
break the rebound high, key time. target looks possible now.
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.
Watch SPY dailies. When she continues down, she might pierce the lower bolinger on the daily.
If she does, it would be the first time since 3 June (double check)
For this to happen, the bears need to QUIT covering already
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Check any chart u have that is maxed out at “height 1200”
Try to expand it to 1400, 1600, 1800 height
This is a gift; not sure if it is universal or dependent on your subscription level
pls report back in, thx
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
hmm, false breakout, fall back in the range, wait. my plan counts as fulfilled only if it breaks below the blue line range.
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.
Does anyone have any thoughts on SLV? Was going to short at 31.00 (didn't) with a 31.55 cover but now it is over the weekly trendline that started back in April of 2011. This is either the perfect shorting spot or a JPM covering rally, ha.
Al_Dente wrote:PAGING STOCKCHARTS SUBSCRIBERS ONLY
Check any chart u have that is maxed out at “height 1200”
Try to expand it to 1400, 1600, 1800 height
This is a gift; not sure if it is universal or dependent on your subscription level
pls report back in, thx
What's that got to do with eagle eyes
My comments are for entertainment/educational purpose only. NOT a trade advice.
60min spy showing some bullish diverg, per snakes chart on page 2....but need a bid in the carrytrade aus-yen to get any significan followthru wednesday...seems more likely that mr gapup is right for tonight (to expect weakness asia-europe)
CMT wrote:Does anyone have any thoughts on SLV? Was going to short at 31.00 (didn't) with a 31.55 cover but now it is over the weekly trendline that started back in April of 2011. This is either the perfect shorting spot or a JPM covering rally, ha.
Higher on QE hype til Draghi"s solutions fail, this will take a few weeks. It could go to 35 before showing any major weakness. Not sure the cartel will drop it because of too much recent criticism of manipulation. I am trying to unwind a short at 31.70.
‘the petrodollar is our currency and our problem’....Gappy
lunch time, will be back. so far the rebound is weak, so the plan might be right, wait.
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.