Interesting that it is still there and check out the volume for yesterday relative to the drops. on the daily Dow it poked above the 10 day but has dropped back and all averages are still down. in fact the 10 day has not even turned
I do not take opinions as advice and i like listening to any opinions.
I have a hard time seeing a bounce up to 1140 as many have called for w/ these charts but i sue as heck did not see yesterdays other than it was an oversold by in IMO.
i have made my biggest profits in shorts buying into weakness and strength. Of course at some point that works against you.
I used that ichimoku cloud on the SPY daily. Resistance at 112.50.
This is the perfect setup for the bears next week gang. Very bearish now. Next week should fool a lot of people.
Interesting that it is still there and check out the volume for yesterday relative to the drops. on the daily Dow it poked above the 10 day but has dropped back and all averages are still down. in fact the 10 day has not even turned
I do not take opinions as advice and i like listening to any opinions.
I have a hard time seeing a bounce up to 1140 as many have called for w/ these charts but i sue as heck did not see yesterdays other than it was an oversold by in IMO.
i have made my biggest profits in shorts buying into weakness and strength. Of course at some point that works against you.
There was negative divergence in DOW HOUR CHART
http://niftychartsandpatterns.blogspot.com/2010…
Thank you
where is anoopsan's new chart. He has been given a job, and he is slacking. Hurry buddy, we are waiting.
anoopsan's chart, cant live without it
The acrobat falls, but impossibly reaches out with a slender hand to grasp the wire.
C'mon bears, somebody smack that ***** down!
That's very interesting, San. Thanks for posting.
Dow jones one hour chart with ichimoku cloud
http://niftychartsandpatterns.blogspot.com/2010…
Thank you
Thanks. I start to get notification about the DISQUS comment now. Looks to me DISQUS is not very stable, having problem very frequently.