There are now technical matches in the indices to the indices at a certain B wave high double five years ago. RSI levels on all daily time frames are up there at the same level as back then. RSI 2 for even the SP is at 99, about as high as it can get. I don’t think the extremely overbought Nasdaq even matches that. CCI 5 and 4 same as well. Current approximate 68% retracement for the SP similar to the 69% retracement as I recall back then.
The trading day similarity doesn’t really exist but the composition of the overall pattern so far does match. Maybe a few dojis are needed but this speech tonight could provide the next kickoff since I have some high impact dates coming up including today’s.
I was shocked to see that RSI levels for the 60 min SP were not overbought on any time frame and thus in need of a divergence although we might need some with the signal lines and historograms.
Yesterday’s CBOE put call ratios were extremely low. Today saw them rise slightly.
Didn’t know they added 3 new stocks to the Dow today until recently so I can understand the euphoria today.. Interesting, stockcharts dot com shows that the first data point for Nike was August 19,1987. Couldn’t see the same for GS or Visa but I do know GS came public in 1999 and Visa more recently.
Gang, I haven’t posted much as I’m going through some really tough times right now… sorry to let you all down. Your prayers and support are welcome and much needed. Don’t worry I’m not ill but other bad things are strangely happening to me financially. I can’t explain more unfortunately, but God will help guide me I’m sure. Thanks, Red.
12-7 Eagles right now (Silver Linings Playbook Eagles with featured fan fave DeShaun Jackson #10 getting the score). The Seattle Carolina game ended 12-7 Seattle. That’s a really hard score to achieve in football. I believe I saw it in the USC game against Hawaii in Hawaii a couple of weeks ago. I need to look into that. But alas football beckons. Need to see the new Eagles attack.
That 5 day ARMS average plummeted below .7 today. Final spike high, hook em horns high pattern for the recent bounce? Today was a 5 day, 25 trading days from the August 2 high.
The Popgun performance: 7TDs for #18 for the pervasive 7-18 combo. 7-18-1903 Rooster Cogburn’s death day in the recent True Grit, the key 7-18-06 date in Unknown, and the reference to a certain composer’s birthday on that date on the local classic radio station a year ago with photos of him at 19,29 and NOW (85).
The local 405 and 605 highway conjunction was shut down for 20 hours at 9pm on 8-17 to 8-18 for Carmageddon Part Trois.
Apple Chart Update: http://niftychartsandpatterns.blogspot.in/2013/09/apple-chart-analysis.html
I hope you had a good KARMA
There are now technical matches in the indices to the indices at a certain B wave high double five years ago. RSI levels on all daily time frames are up there at the same level as back then. RSI 2 for even the SP is at 99, about as high as it can get. I don’t think the extremely overbought Nasdaq even matches that. CCI 5 and 4 same as well. Current approximate 68% retracement for the SP similar to the 69% retracement as I recall back then.
The trading day similarity doesn’t really exist but the composition of the overall pattern so far does match. Maybe a few dojis are needed but this speech tonight could provide the next kickoff since I have some high impact dates coming up including today’s.
I was shocked to see that RSI levels for the 60 min SP were not overbought on any time frame and thus in need of a divergence although we might need some with the signal lines and historograms.
Yesterday’s CBOE put call ratios were extremely low. Today saw them rise slightly.
Didn’t know they added 3 new stocks to the Dow today until recently so I can understand the euphoria today.. Interesting, stockcharts dot com shows that the first data point for Nike was August 19,1987. Couldn’t see the same for GS or Visa but I do know GS came public in 1999 and Visa more recently.
News came out just now about our stock planning to buying a privately held company in telecommunications industry? What
Hey Mr. Red……ALL OK!
Just take care of the matter @ hand!
All my best; Seawind
Crude oil Testing support levels: http://niftychartsandpatterns.blogspot.in/2013/09/crude-oil-testing-support-levels.html
Gang, I haven’t posted much as I’m going through some really tough times right now… sorry to let you all down. Your prayers and support are welcome and much needed. Don’t worry I’m not ill but other bad things are strangely happening to me financially. I can’t explain more unfortunately, but God will help guide me I’m sure. Thanks, Red.
12-7 Eagles right now (Silver Linings Playbook Eagles with featured fan fave DeShaun Jackson #10 getting the score). The Seattle Carolina game ended 12-7 Seattle. That’s a really hard score to achieve in football. I believe I saw it in the USC game against Hawaii in Hawaii a couple of weeks ago. I need to look into that. But alas football beckons. Need to see the new Eagles attack.
That 5 day ARMS average plummeted below .7 today. Final spike high, hook em horns high pattern for the recent bounce? Today was a 5 day, 25 trading days from the August 2 high.
I might have missed 60 minutes – what language is that?
The Popgun performance: 7TDs for #18 for the pervasive 7-18 combo. 7-18-1903 Rooster Cogburn’s death day in the recent True Grit, the key 7-18-06 date in Unknown, and the reference to a certain composer’s birthday on that date on the local classic radio station a year ago with photos of him at 19,29 and NOW (85).
The local 405 and 605 highway conjunction was shut down for 20 hours at 9pm on 8-17 to 8-18 for Carmageddon Part Trois.