Today traders attempt to digest the early morning "Durable Goods" news favorably by sending the markets higher as the QQQQ's opened at 35.30 and reached a high of 35.87...meger by most standards and non sustainable as the FOMC meeting briefly sent the markets lower as the QQQQ's reach a low of 35.28. However the close of the day witnessed the market rebound slightly to close at 35.59. The $SPX, $NDX and the $VIX (fear indicator) witnessed similar swings as traders poised their position for the next market move.
http://stockcharts.com/h-sc/ui?s=QQQQ&p=D&yr=0&mn=6&dy=0&id=p69910640177&a=144506253&listNum=1 http://www.fibonacciqueen.com/public/764.cfm http://www.freetradingvideos.com/vlog/default.asp?category=1 On Jun 22, 5:32 pm, Amma Dogon <[email protected]> wrote: > Today the $BANK opened at 1566.01 and reached a high of only 1571.69. The low > of the day is 1521.81. The closing candle is a large bearish trading candle > with a upper wick. The fib retracement nearest to the 38.2% (1504.62) area as > selling pressure dominated most of the trading session. The 8 sma (1573.72) > acted as resistance and the lower trend channel was breached as the closing > price (1523.02) closed out the day... much of which is spurred by news of > more possible economics distress and weakness in the financial sector. > > http://stockcharts.com/h-sc/ui?s=$BANK&p=D&yr=0&mn=6&dy=0&id=p4356947... > > http://www.freetradingvideos.com/vlog/default.asp?category=1 > > From: [email protected] > To: [email protected] > Subject: {GS} Re: Possible reversal set up. Charting the $VIX and the $SPX > Date: Sat, 20 Jun 2009 17:15:19 -0500 > > Let's take a look at the $NDX...the open is at 1456.14 and the high of the > day is at 1464.04. The meger high reflects indecisive sentiment as traders > attempt to decide whether to continue the downward move (take profit after > yesterday's up move or salvage any remaining capital from long positions > taken several days ago prior to the past few down days)...as the weekend > approach and options expiration for June. The closing candle is a doji. The > fib retracement is between 100.0% (1514.01) and 61.8% (1332.55) area as the > close of the day is 1453.80...notably slightly under the 20 sma (1455.10) and > yesterday's close 1455.89. > > http://stockcharts.com/h-sc/ui?s=$NDX&p=D&yr=0&mn=6&dy=0&id=p14532658... > > As we move into next week the markets appear poised to either continue lower > or possibly move higher.The charts will tell us in which direction the move > will occur and perparation begins during the weekend for next weeks trading > session.http://www.freetradingvideos.com/vlog/default.asp?category=1 > > From: [email protected] > To: [email protected] > Subject: {GS} Re: Possible reversal set up. Charting the $VIX and the $SPX > Date: Tue, 16 Jun 2009 16:51:15 -0500 > > The $BANK traded in tandem with the rest of the broad markets....lower. The > open is at 1593.88 and the high of the day is only 1594.03. The low of the > day is 1560.16. The closing candle is a marubozu. The fib retracement is in > an area between 50.0%(1602.45) and 38.2% (1503.66). There is a possible > support area at 1550.00 that may slow the downward move, however all the > moving averages have been breached and are respectively showing no signs of > support nor resistance on the daily chart. Conversely if 1550.00 prove to be > intermediate support.... a possible double bottom pattern may emerge > consisting of the past 18 trading days that may provide a possible upward > bounce...(highly speculative) but none the less it's something to keep an eye > on. http://www.freetradingvideos.com/vlog/default.asp?category=1 > > > > > > > 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-Hidequoted > > > > > text - > > > > > - Show quoted text -- Hide quoted text - > > > > - Show quoted text - > > > </html > > </html > > _________________________________________________________________ > Hotmail® has ever-growing storage! Don’t worry about storage > limits.http://windowslive.com/Tutorial/Hotmail/Storage?ocid=TXT_TAGLM_WL_HM_...- > Hide quoted text - > > - Show quoted text - --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. 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