daytradingES
Posts: 2245 Joined: Thu Sep 13, 2012 10:46 am
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by daytradingES » Wed Oct 10, 2012 11:28 am
Me XMan wrote: Just bailed out on my long SPY.
Looking like it's going down some more.
daytradingES wrote: triangle break to downside
Thanks. Think it'll break the LOD?
Educational only and not trading advice (EO&NTA)
Good trading to all
Me XMan
Posts: 2014 Joined: Thu Feb 17, 2011 12:01 pm
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by Me XMan » Wed Oct 10, 2012 11:30 am
I have a SPY buy at $143.60
daytradingES wrote: Me XMan wrote: Just bailed out on my long SPY.
Looking like it's going down some more.
daytradingES wrote: triangle break to downside
Thanks. Think it'll break the LOD?
daytradingES
Posts: 2245 Joined: Thu Sep 13, 2012 10:46 am
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by daytradingES » Wed Oct 10, 2012 11:34 am
Me XMan wrote: I have a SPY buy at $143.60
daytradingES wrote: Me XMan wrote: Just bailed out on my long SPY.
Looking like it's going down some more.
daytradingES wrote: triangle break to downside
Thanks. Think it'll break the LOD?
Thanks 1436 < LOD and ~=1430.25 ES
what about 143.68?? - just kidding I don't trade SPY
Educational only and not trading advice (EO&NTA)
Good trading to all
Cobra
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Posts: 61830 Joined: Sat Feb 12, 2011 10:29 pm
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by Cobra » Wed Oct 10, 2012 11:36 am
back to the support.
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daytradingES
Posts: 2245 Joined: Thu Sep 13, 2012 10:46 am
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by daytradingES » Wed Oct 10, 2012 11:38 am
currently running for the lows
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Educational only and not trading advice (EO&NTA)
Good trading to all
fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Wed Oct 10, 2012 11:38 am
fehro wrote: still a little lower?... blue trend line?
Closer view of the previous posted SPX 60m chart
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Last edited by
fehro on Wed Oct 10, 2012 11:39 am, edited 1 time in total.
Harapa
Posts: 1236 Joined: Mon Oct 24, 2011 1:33 pm
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by Harapa » Wed Oct 10, 2012 11:38 am
Need one more VIXie to join the others and completion of current hourly bar to confirm trend reversal by this method.
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fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Wed Oct 10, 2012 11:53 am
60m SPX shows possible trendline support around 1432.5-1434ish.
the lower blue on this SPX 15 could see a bounce if we overshoot the above mark.
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ClarkW
Posts: 1325 Joined: Wed Aug 10, 2011 11:28 am
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by ClarkW » Wed Oct 10, 2012 11:55 am
Sold 1/2 my NUGT @ $16.34 as a hedge for my DUST position. Looks like more down but still don't feel comfortable being too short on GDX
Cobra
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by Cobra » Wed Oct 10, 2012 11:57 am
breakdown, potential target at $143.22.
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Cobra
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by Cobra » Wed Oct 10, 2012 11:58 am
volume surge, we may see rebound first.
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fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Wed Oct 10, 2012 11:58 am
Daily SPX, shows possible support near here... if not 50day SMA red channel 1426ish.
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Last edited by
fehro on Wed Oct 10, 2012 12:01 pm, edited 1 time in total.
uempel
Posts: 8685 Joined: Tue Feb 15, 2011 6:38 am
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by uempel » Wed Oct 10, 2012 12:01 pm
Finally found a channel the chain smoker might like
And guys, there's this signal at 2:00 p.m, don't forget.
uempel
Posts: 8685 Joined: Tue Feb 15, 2011 6:38 am
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by uempel » Wed Oct 10, 2012 12:03 pm
fehro wrote: Daily SPX, shows possible support near here... if not 50day SMA red channel 1426ish.
I've got a zig-zag down to 1427...
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TraderGirl
Posts: 5031 Joined: Thu Dec 22, 2011 2:47 pm
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by TraderGirl » Wed Oct 10, 2012 12:07 pm
Dow found support for now...the downtrend will have to fight this support....
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fehro
Posts: 22880 Joined: Fri Sep 02, 2011 2:06 pm
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by fehro » Wed Oct 10, 2012 12:08 pm
got a possible little bullish descending wedge, with some pos div. So maybe a bounce?
Would feel a bit better bouncing from 1432.5ish
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Last edited by
fehro on Wed Oct 10, 2012 12:09 pm, edited 1 time in total.
uempel
Posts: 8685 Joined: Tue Feb 15, 2011 6:38 am
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by uempel » Wed Oct 10, 2012 12:09 pm
Harapa wrote: Need one more VIXie to join the others and completion of current hourly bar to confirm trend reversal by this method.
Guess your dog's name is Vixie, right
TraderGirl
Posts: 5031 Joined: Thu Dec 22, 2011 2:47 pm
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by TraderGirl » Wed Oct 10, 2012 12:14 pm
Dow on the 5 minute...pos d on lower lows...
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Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Wed Oct 10, 2012 12:17 pm
uempel wrote: Finally found a channel the chain smoker might like
And guys, there's this signal at 2:00 p.m, don't forget.
50.png
could u stick around and remind us please
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Wed Oct 10, 2012 12:19 pm
TraderGirl wrote: Dow on the 5 minute...pos d on lower lows...
boss
no pos d on yr hourly
pos d on yr 5min
what do u make of that?
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.