FOMC Manana

Discussion in 'Trading' started by duard, Jan 30, 2006.

  1. duard

    duard

    oooooohhhhhhhhh oohhhhhhhhhhh
    oooooohhhhhhhhhhhhhh!!!

    Tarzan yells as he swings from pivot to pivot.
     
    #21     Feb 15, 2006
  2. duard

    duard

    More charts. The strength yesterday carried through today. Although today's early strength was a short squeeze, the afternoon session buying made for net gains. The S & P is now at the exact channel top and we'll see if we have enough strength to make it to 1288 and 1295. The continued strength of this market is surprising but we still have alot of ground to cover before blue sky.
     
    #22     Feb 16, 2006
  3. duard

    duard

    Another...
     
    #23     Feb 16, 2006
  4. So at what point do you think that the daily channel is broken? I have the same channel by the way.
     
    #24     Feb 16, 2006
  5. duard

    duard

    Up into the next resistance level with little selling.

    Summation charts show dominant volume with regard to uptrend since bond close on the 13th.
     
    #25     Feb 16, 2006
  6. duard

    duard

    and...
     
    #26     Feb 16, 2006
  7. duard

    duard

    Inside day.

    Neutral. Some money came off the table today and some used the slight dip to position for the breakout?
     
    #27     Feb 17, 2006
  8. duard

    duard

    Chart
     
    #28     Feb 17, 2006
  9. duard

    duard

    ...
     
    #29     Feb 17, 2006
  10. duard

    duard

    But lastly the vertical ascent has been slowed. So watch and wait as we're in a trading market not a trending market and post-options expiration hasn't been known for it's bullishness.
     
    #30     Feb 17, 2006