Good point! We are at major resistance on the 60's. First the hidden div that took us down yesterday now the reg divergence is setting up.
This makes sense when you look at the daily. It is setting up a hidden divergence.
If we break the intermediate high. all bets are off. My only concern is breath. The triple MAC pattern is 80% reliable and it hit yesterday. Summation, BP and MACD.
It is my hope that the low volume will cause a whipsaw. Personally, I think that it is related to tonite speach by the Bomster.
What can he say that is not known? Meanwhile Toyota has not figured out what went wrong but they are off the front pages.
Today's volume is so low I can't hardly see it on my charts. I believe they could have easily taken out the current resistance zone around 1100-1105… so why haven't they?
Let's go arrest Obama, Geithner, Bernanke, and the rest of the thugs for crimes against humanity. Opps! Better not, as that would cause one be celebration… and new Bull market! LOL
Good point! We are at major resistance on the 60's. First the hidden div that took us down yesterday now the reg divergence is setting up.
This makes sense when you look at the daily. It is setting up a hidden divergence.
If we break the intermediate high. all bets are off. My only concern is breath. The triple MAC pattern is 80% reliable and it hit yesterday. Summation, BP and MACD.
It is my hope that the low volume will cause a whipsaw. Personally, I think that it is related to tonite speach by the Bomster.
What can he say that is not known? Meanwhile Toyota has not figured out what went wrong but they are off the front pages.
http://www.screencast.com/users/has001u/folders…
waiting to trap some more bulls
May be waiting to trap some more bulls
Today's volume is so low I can't hardly see it on my charts. I believe they could have easily taken out the current resistance zone around 1100-1105… so why haven't they?
Chances are there till yesterday's high is not taken out
Nice… let's see if it repeats itself again.
Do or die time for Bears. VIX is hitting its 50 SMA
SP 500 and cci similarity in price action
http://niftychartsandpatterns.blogspot.com/2010…
Me too Ben…
Let's go arrest Obama, Geithner, Bernanke, and the rest of the thugs for crimes against humanity. Opps! Better not, as that would cause one be celebration… and new Bull market! LOL
Looks of fake prints Monica. When it the real question?