The markets continue to close higher in light of the overbrought conditions in the RSI and the Stochastic's...however the MACD divergence looms in the near distant as a warning that market conditions can change at any moment. http://www.freetradingvideos.com/vlog/default.asp?category=1
http://www.fibonacciqueen.com/public/745.cfm > Date: Wed, 3 Jun 2009 18:25:24 -0700 > Subject: {GS} Re: Possible reversal set up. Charting the $VIX and the $SPX > From: [email protected] > To: [email protected] > > > Weakness in market today help keep the $NDX below 1500.00 on the > weekly chart as intermediate resistance is found near that area. On > the daily chart the $NDX opened at 1472.25 and reached a high of only > 1476.98 before declining to a low of 1459.59. The closing candle is a > dragonfly doji type candle. The 8 sma (1433.30) is the nearest target > on the downward slide as the market move lower, also intermediate > support could be found at that area as well going back to Oct 08 gap > and the 50 sma (1420.79) area. > > The QQQQ's traded similarly to the $NDX as it opened at 36.28 and > reached a meger high of 36.37 and the low of the day is 35.93. The > closing candle is a dragonfly doji as well. There is no mistaking the > 36.50 possible intermediate resistance point on the upper end of the > trading range and the possible intermediate 35.00 support point on the > lower end...8 sma (35.30) next possible target as well. > http://www.freetradingvideos.com/vlog/default.asp?category=1 > > > On Apr 14, 8:58 pm, Dogon566 <[email protected]> wrote: > > Today witnessed the markets give mixed signals the $VIXmoved lower as > > the broad markets move side ways to close lower. > > > > http://www.freetradingvideos.com/vlog/default.asp?Display=946 > > > > On Apr 2, 4:38 am, Dogon566 <[email protected]> wrote: > > > > > > > > > We are at a critical jucture in the markets as the $VIXis moving > > > sideways. It's not apparently clear which direction the markets will > > > move in the next few trading sessions. I've elected to watch d-seven, > > > matador and breakout trader's videos at their scheduled time slots > > > tomorrow (mark to market comments) and the following day ( market > > > reaction and or possible market direction). You're invited to join me > > > as I'm certain the information gathered from the up coming video's > > > will be of great benefit to your next trading > > > decision.www.freetradingvideos.com > > > > > On Mar 16, 6:50 pm, Dogon566 <[email protected]> wrote: > > > > > > Interesting day in the markets. $SPX is trading into possible > > > > resistance at the fib 38.2% (763.76) area closing with a possible > > > > shooting star candle. If we close below the 750.00 mark tomorrow maybe > > > > this will be the begining of the next down leg. > > > > > >http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p33248965... > > > > > > BTW.... videos for today... > > > > > >http://www.fibonacciqueen.com/public/650.cfm > > > > > >http://www.freetradingvideos.com/vlog/default.asp?category=1-Hide quoted > > > >text - > > > > > - Show quoted text -- Hide quoted text - > > > > - Show quoted text - > > > _________________________________________________________________ Lauren found her dream laptop. Find the PC that’s right for you. http://www.microsoft.com/windows/choosepc/?ocid=ftp_val_wl_290 --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en -~----------~----~----~----~------~----~------~--~---
