fehro wrote:SPX 5m... if we hold a little lower, have a couple possible invs H&S.. green and pink necklines... both aim for 1645ish area if it plays out.
Hello fehro,
Thank you for this chart. Magnificent! The correct line is difficult to predict. On the 5 minute chart, the 50ma is at 1593 and on the 15 minute chart, the 50 ma is at 1585! So it is a toss up at the moment. Does anyone else have any information, perhaps to time frame, then we could determine which is the closest turn?
I don't have much clue. looks like a Bull Flag to me, so I assume it's not bearish.
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fehro wrote:SPX 5m... if we hold a little lower, have a couple possible invs H&S.. green and pink necklines... both aim for 1645ish area if it plays out.
Hello fehro,
Thank you for this chart. Magnificent! The correct line is difficult to predict. On the 5 minute chart, the 50ma is at 1593 and on the 15 minute chart, the 50 ma is at 1585! So it is a toss up at the moment. Does anyone else have any information, perhaps to time frame, then we could determine which is the closest turn?
Thanks, its magnificent if it plays out! ... this gives me slight pause.. also maybe 1620 (50 day SMA) or 1640 is the max bounce... leaning to 1640
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Last edited by fehro on Wed Jun 26, 2013 11:56 am, edited 1 time in total.
uempel wrote:I didn't see the green Signal yesterday But tomorrow at 1:30 p.m. there's another signal (red) And next Monday too (blue)...
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Hello uempel, I find your charts fascinating and accurate, so I really try to study them. Can you please check this chart, as the red doted line that you have indicated for tomorrow, seems to be short on the time frame and appears as if it is in the 26th time frame. If I am wrong, sorry for the impertinent comment.
Can someone check uempel's chart, is this in today's timeframe?
good bull bar, probably it's bull flag breakout. wait.
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BullBear52x wrote:This is not good for bulls, bearish crossed now.
What time frame is this chart?? Meaning...when price goes negative, when have you seen the market react to it?
it's just an internal, no buy or sell value. ie: right now = bearish crossed, with LL next intraday sell trigger will give me a better odds. like right now it's a go short again here. (5min. time frame)
Last edited by BullBear52x on Wed Jun 26, 2013 12:36 pm, edited 1 time in total.
My comments are for entertainment/educational purpose only. NOT a trade advice.
It' difficult for the market to move up with everyone loading up on shorts...but probably need one more capitulative move higher before we move down??
APPL heading down for a potential wave 5...support in the 360-380 zone...but if that breaks, 61% fib from the 2009 lows are around $317....Support on TSI broke down...no pos d on the RSI, so even if Apple bounces with the overall market once we see the lows in the coming week(s)...Apple could get a lower low on a pullback even when the markets see a higher low....?? we'll see....
selling /es xx93 target xx88 this is aggressive move. stop at new high.
"IF" a target hit with a penny lower than xx88, then next sell trigger to follow will be a good one for bears, but profit has to be taken first at xx88.
My comments are for entertainment/educational purpose only. NOT a trade advice.
Hey kids, late riser today, in case anyone missed, the SPY 160.10$ pBar from yesterday was taken out this morning.
There's 163.47$ and 166.37$ targets on the upside left.