I would like to see a higher high first, no bull

Discussion in 'Technical Analysis' started by Aaron Copland, Jul 8, 2008.

  1. I see nothing in this chart that tells me to go long, only unless you like picking bottoms.

    Can we at least clear some resistance before Wall Street declares the bear a total fake out.

    Today was a relief rally from deeply oversold levels. That’s it period.

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1986740 width=800>
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  2. ES was deeply oversold.
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  3. Bowgett


    Looks more like pullback you can short so far.
  4. Just plow right in go long load up. Just wait for the first warning from a major and your little fingers get burned.
  5. Where is the technical analysis?
    Isn't this the Technical Analysis Forum?

    But for those of us that actually TRADE for a living, we were aware that today was a fibonacci 34 days from the May 19th high.



  6. Oh wait! the third wave is complete, all is well. Thats just for you hahahaha.
  7. You see nothing?

    That's because you don't TRADE for a living . . . you just hang-out on ET as a "wannabee".
    By the way, where did you get that chart from, Yahoo Finance?

  8. Ah yes complex fibs and waves, that’s the answer WOW. Let me butt right in and show everyone how smart I think I am look at me everyone IDIOT!

    Post a chart landis, show us on a chart, do you even have a chart?
  9. what i want to see is a prediction based on fib, not fib BS after the fact.
  10. Landis if you can show me were you posted that today was going to be as you say Ka-Ching, then I will take back every thing bad I have ever said about you.

    Otherwise your just making silly references after the fact.
    #10     Jul 8, 2008