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ammo

Registered: Feb 2007
Posts: 18258

06-07-12 03:25 AM

here's an example of oil not reaching tl supp but hit a nip in mp and rallied weakly today compared to the overall market and stopped at another nip, nip to nip,just another area of supp and res to watch along with your a ups/downs, trendlines,ew,fibs.

2012-06-06-tos_charts.png cl mp.png
This has been downloaded 57 time(s).

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Maverick74

Registered: Mar 2002
Posts: 17336

06-07-12 04:21 PM

Gold failed at the weekly A up and blew through the weekly A down at 1600.

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Maverick74

Registered: Mar 2002
Posts: 17336

06-07-12 04:24 PM

Natty gas failed weekly A up to weekly A down.

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Quon

Registered: Jul 2011
Posts: 616

06-07-12 04:43 PM

Quote from Maverick74:

Natty gas failed weekly A up to weekly A down.

Yeah, getting interesting here in the monthly OR IMO. We'll see, no position there for me yet.

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Maverick74

Registered: Mar 2002
Posts: 17336

06-07-12 04:44 PM

King, inverse head and shoulders forming in AAPL with a $640 tgt? What do you think King? I'm going to need you to come out from under your bed to look at the chart though.

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Quon

Registered: Jul 2011
Posts: 616

06-07-12 04:52 PM

Quote from Maverick74:

King, inverse head and shoulders forming in AAPL with a $640 tgt? What do you think King? I'm going to need you to come out from under your bed to look at the chart though.

AAPL fantastic today. Cleanest failed A down I see...

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