Very possible sirgiyan..... I chart the $VIX and $TRIN .... today's open is more bullish than bearish...and large trends normally follow a zig-zag...
Agreed AMT4SWA...$SPX did indeed reach a new low and blow past fib retracement 0.0% (798.28) on the daily chart. The closing candle reflects...
Are there any indication following the put/call ratio that we will finish in the green.
Today the $VIX gapped open at 48.14 (bearish to the market) in early morning trading. The high of the day is 51.18 and the low of the day is...
Classic "W" chart pattern on the 2 day 5 min chart and the daily chart is reflecting a symetrical pattern. With the late session rallly boosting...
Today the $SPX did not emerge untouched by the bearish sentiment prevailing in all of the indices today. As it opened at 866.87 and barely made it...
Great posting fellow traders (amt4swa,dsq,fantastic4,mvic,s2007s and Landis82) .....it appears that collectively the sentiment is still bearish as...
Gap down in the $SPX this morning....as increase in unemployment claims hit the news wire. We're below 823.00...
Great chart work winstontj...interestly enough there can't be positive discuss a subject unless more than one opinion about the subject is...
I would agree...823.00 or lower will begin the trading session moving to the lower 800-750 support areas. The internals ($VIX, $TRIN) will show...
It's hard to determine a point or percentage breakout from one trading session's performace...however to keep this in technical analysis...
Thanks fantastic4... in my haste.... I typed the incorrect flag formation.... it is a bear flag. The chart school at FreeTradingvideos.com has a...
The overseas markets are responding to today's trading in the US as trader sentiment has shifted slightly and given a bullish signal. In...
I'm conviced that the market may had already priced in the -5.5 expectation and sold off due to internals and resistance levels. And the current...
Interestingly at the close of today's trading session the $BANK reached lower price levels as did all of the indices. The chart pattern (a falling...
Interestingly from a chartist perspective resistance in many cases occur as a result of lack of buying in a particular stock or ETF (in this case)...
Hey fantastic4...as with resistance being meet today the GDP may not need to be any worst than expected to send the market down further tomorrow.
Thankyou Travis...the head and shoulders pattern in this case is possibly retracing to test prior lows as price action today was unable to climb...
That's true that a head and shoulders pattern in certain market conditions can be iffy....however the pattern itself is reliable a majority of the...
Today the FED passed the stimulus package and it appears that the markets have reacted favorably to the news. However the subject is head and...
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