I just seen your chart. I went to bed, and you must have posted it after that. I don't think this is P3 yet. But, I do think we are going lower by the end of the week. I see 988 spx being tagged before the end of the month. It's the 20ma on the monthly chart, and should provide a nice rally back from hitting it. That doesn't mean that it couldn't be pierced intraday and close on it or higher, as that is also possible.
I just seen your chart. I went to bed, and you must have posted it after that. I don't think this is P3 yet. But, I do think we are going lower by the end of the week. I see 988 spx being tagged before the end of the month. It's the 20ma on the monthly chart, and should provide a nice rally back from hitting it. That doesn't mean that it couldn't be pierced intraday and close on it or higher, as that is also possible.
The 15 minute chart is what's hold the market up for now. It is working off the oversold conditions from this morning. It's in positive territory now, and should roll back down into the close, causing more selling. Patience… 988 spx is highly likely to be tagged by this Friday.
Thanks Red! Let's all hold hands!
Yes NB…
I hope we all survive this market.
Blood,
I just seen your chart. I went to bed, and you must have posted it after that. I don't think this is P3 yet. But, I do think we are going lower by the end of the week. I see 988 spx being tagged before the end of the month. It's the 20ma on the monthly chart, and should provide a nice rally back from hitting it. That doesn't mean that it couldn't be pierced intraday and close on it or higher, as that is also possible.
Blood,
I just seen your chart. I went to bed, and you must have posted it after that. I don't think this is P3 yet. But, I do think we are going lower by the end of the week. I see 988 spx being tagged before the end of the month. It's the 20ma on the monthly chart, and should provide a nice rally back from hitting it. That doesn't mean that it couldn't be pierced intraday and close on it or higher, as that is also possible.
GL to us all red 🙂
GL to us all red 🙂
VIX making a cup and saucer on Yahoo 5 day chart:
http://finance.yahoo.com/echarts?s=^VIX+Interac…
Edit: That is cup and handle.
Gang,
The 15 minute chart is what's hold the market up for now. It is working off the oversold conditions from this morning. It's in positive territory now, and should roll back down into the close, causing more selling. Patience… 988 spx is highly likely to be tagged by this Friday.
again, a monkey can pick stocks better than me but here you go:
ADM, JOYG, MON, MOS, PBR, QQQQ, RIMM, SLW, YZC, GE, FWLT, IYR, IWM, HGSI, HES, GENZ, FE, EXC, DOW, DO, DE, COP, CMI, CLF, CHRW, CAT, BBH, BAC, BA, AKAM, FWLT, F, GS
Would be very interested 🙂 …