Hi Mup, Do you also follow USD.CAD? Or do you have any comment on its daily chart with EW? The huge move of USD.CAD in the recent months is just...
Stocks tumble on lack of detail in Treasury's bailout plan according to AP report. SPX has fallen over 40 points today and the bulls are still...
The up move's over?
That's true. And obviously, manipulation is often involved in the price movements (especially the short-term movements). Thatâs one of the...
"Buy the rumour sell the news" may be part of the reasons in this case. I said "part" because there have been some factors do not fit into the...
Checking on the Nonfarm payrolls announcement days for the last several months, SPX rallied each of these days following the very bad reports and...
What I was watching was the daily down trend line this afternoon. It seemed to be the resistance and pushed the intraday price back at around 851....
The Parallel line.
Hi Mup, I had been watching SPX knocking at the down trend line at around 851 this afternoon:eek:. Yep, the resistance worked and pushed the bull...
I agree, it could be a good one.
Even SPX had moved roughly as predicted, but the price move was not significant enough and fell quickly again.
Almost, but not quite:mad:
Yes, it's a 1min chart.
Is this abcxabc ?
Thanks Mu and Mup, It seems many EW followers believe Neely has improved the counting methods and forecasting accuracy. I bot his book recently...
Mu, I think the bear-trap call you made was a good one for the short-term traders at least. Price went up about 10 points after you issued the...
More evidence. http://news.yahoo.com/s/ap/20090129/ap_on_bi_ge/meltdown_no_thanks
Yes, let's watch how it unfolds. The market appears to have made a head-fake move in the last three days, similar moves happen quite often lately.
Hi Circadian, I'm not familiar with VIX, so I will be watching and learning from you guys rather than making comments at this point. Good trading
I think people here are mainly focusing on S&P 500 index and occasionally on Forex, oil and gold.
Separate names with a comma.