Just wanted to add a visual. This being said, the S&P did recapture it’s 40 Month MA and is now supported there. However, please extend a line at...
This is too true! Sadly.
I specifically said “since August of 1982”. I also pointed out two occurrences during the depression but my post was specific to the 1982 until...
It has been about a decade since I last posted here. I’m not making a prediction but I am sharing an observation. Since August of 1982 the Dow...
qqqq tracks the $ndx (nasdaq 100), not the nasdaq composite.
:mad:
I agree, Sunday night futures moves rarely mean much. I've even noticed that Comex Gold is even usually dull from the bell at 8:20 (NYC Time)...
I always have a 60 min, Daily, Weekly and Monthly chart open. Funny thing is, I have been trading gold on the short side for weeks and now that I...
Looks like a textbook start to a parabolic blowoff to me. Only needs volume. [img]
bump:(
Using daily and weekly charts for swing trades and position trades these charts will sometimes contradict one another. SPY might close below...
Same as GC
The chart is like a gift right now. Range traders gotta love it. Breakout traders sitting patiently on their hands. Something for everyone! The...
Thursday's "fat finger" day reminds me more of February 27, 2007. I was watching that day also when the Dow dropped 500 points in the blink of an eye.
So true. Good luck.:)
You only see the bottoms in the consolidation pattern you posted? One might say your chart also shows four tops. [img]
Thanks, I'll try that. EDIT: Worked perfectly! Thanks again!
I run the Tradestation charting platform on more than one computer in my home. I noticed that there are times when there are differences of...
You're a bit early. Yes, there is a clear breakout of the down trendline. However, the short term chart (daily since Mar 3) and the weekly chart...
[img]
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