Have Qs topped today?

Discussion in 'Trading' started by JSSPMK, Oct 21, 2009.

What's your take?

  1. Agree

    36 vote(s)
    67.9%
  2. Disagree

    17 vote(s)
    32.1%
  1. JSSPMK

    JSSPMK

    Todays' 43.14 close marks an intermediate top in the Qs (ImPO)

    Risk control breach of 44.5

    Target around 35-36

    Price action has been weakening across the board, Qs current upside cycle has put in only ~+1.5 compared with previous 4 cycles' of an average of ~+3.75. Today closed with a bearish hammer.
     
  2. This is a top call, right?
     
  3. short euro here, just a nice pullback ;)

    1.5030
     
  4. JSSPMK

    JSSPMK

    Yes boss :)

    P.S. For Qs.
     
  5. I'm still the only one with the disagree vote. :)
     
  6. JSSPMK

    JSSPMK

    Bumperoni por favore :D

    PLEASE VOTE PEOPLE, TIME IS TICKING
     
  7. Is your previous handle "thorn" ??
     
  8. JSSPMK

    JSSPMK

    LOL, no it isn't. Seriously, don't even go there, because I know who you are talking about :)

    I am sure moderators can confirm this.
     
  9. JSSPMK

    JSSPMK

    TA 101: Indication of a trend change in the Weekly chart.

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2614319>
     
  10. seaker

    seaker

    We should get a pullback. Key reversal candle yesterday and neg divergence of CCI on daily chart.

    <table style="width:auto;"><tr><td><a href="http://picasaweb.google.com/lh/photo/OXTGhJMPQnkY5BjvGzYS1w?feat=embedwebsite"><img src="http://lh5.ggpht.com/_o04pexEvjXs/SuBcNEicTVI/AAAAAAAAAF8/NCQgr7R6oJM/s800/ScreenHunter_001.jpg" /></a></td></tr><tr><td style="font-family:arial,sans-serif; font-size:11px; text-align:right">From <a href="http://picasaweb.google.com/C27Littlestar/Charts?feat=embedwebsite">Charts</a></td></tr></table>
     
    #10     Oct 22, 2009