I could too SC, but I'm like you… lazy. Why bother, when there are so many good chartists out there that don't seem to mind if you borrow their charts.
I always put them on the blogroll and promote them when I can. The Chart Pattern Trader and Cobra are my two favorites. Both very good at what they do.
Lot's of others too, and I have them on my blogroll as well. It's great to look at all the different charts, so you don't miss a trendline or something. It helps you see the big picture.
You could have posted both a link to his site, and his chart if you wanted too. I like to promote other people too. After all, it's the least I can do since I borrow their charts all the time.
His label and opinions mean nothing. It's the data on that chart. I didn't want to just grab his chart. So I linked to his article to give him the credit.
That guy is obviously a bull, and he doesn't trade options either. Not my trading style. I'll stick to short term moves and try to play both sides. Right now I'm still a bear until I see a lower low.
The 60 minute chart is rolling over now. I doubt that too many traders will hold their long positions into the 3 day weekend. Gap window is at 108.88 on the spy, and seems like a likely target to be hit today.
I could too SC, but I'm like you… lazy. Why bother, when there are so many good chartists out there that don't seem to mind if you borrow their charts.
I always put them on the blogroll and promote them when I can. The Chart Pattern Trader and Cobra are my two favorites. Both very good at what they do.
Lot's of others too, and I have them on my blogroll as well. It's great to look at all the different charts, so you don't miss a trendline or something. It helps you see the big picture.
Dow Jones 5 Minutes Chart price back into the channel after some noise
http://niftychartsandpatterns.blogspot.com/2010…
Thank you
I could recreate the damn chart too. But I am lazy. LOL
That's cool…
You could have posted both a link to his site, and his chart if you wanted too. I like to promote other people too. After all, it's the least I can do since I borrow their charts all the time.
🙂
Look at this 60 minute chart. Looks like it's going to roll hard into the close today.
http://stockcharts.com/def/servlet/Favorites.CS…
His label and opinions mean nothing. It's the data on that chart. I didn't want to just grab his chart. So I linked to his article to give him the credit.
That guy is obviously a bull, and he doesn't trade options either. Not my trading style. I'll stick to short term moves and try to play both sides. Right now I'm still a bear until I see a lower low.
Permabears will be fighting the market, once again.
Yes by itself it can mean :
Door # 1 : 2008 replay.
Door #2 : Free ride on Sucka'saurus to the Titanic.
Taking the panic selling + double spike reversal, the evidence point to Door #2.
Take a look at this.
http://smartmoneytracker.blogspot.com/2010/05/d…
The 60 minute chart is rolling over now. I doubt that too many traders will hold their long positions into the 3 day weekend. Gap window is at 108.88 on the spy, and seems like a likely target to be hit today.