The $BANK today finally has shown a little weakness. The open is 1731.24 and the high of the day is 1741.39...not very high. The low of the day however is 1718.35. The closing candle is a doji. We can't conclusively determine based on today's price action that the markets are moving lower ( pullback) as confirmation is needed over the next few trading sessions..but we can say that weakness in the market is becoming more apparent. Fib retracement 0.0% (1749.20) did not get breached today.
http://stockcharts.com/h-sc/ui?s=$BANK&p=D&yr=0&mn=5&dy=0&id=p81005821520&a=143335942&listNum=1 http://www.freetradingvideos.com/vlog/default.asp?category=1 From: [email protected] To: [email protected] Subject: {GS} Re: Oil & Gas: Noble intent turns ignoble (I-Sec) Date: Sun, 2 Aug 2009 15:25:46 -0500 Looking at fibonacci retracements of the $SPX, $COMP and other notable indices....we can see that we're at a pivotal points in the markets. http://www.freetradingvideos.com/vlog/default.asp?category=1 http://www.fibonacciqueen.com/public/801.cfm From: [email protected] To: [email protected] Subject: {GS} Re: Oil & Gas: Noble intent turns ignoble (I-Sec) Date: Fri, 31 Jul 2009 16:40:10 -0500 We can't ignore the $VIX today. The open today is 25.40 and the high of the day is 26.22...( a close above 26.00 is key to possibly the markets turning bearish). The low of the day 24.93 is range bound near the 25.00 area. The closing candle is a spinner. The 20 sma (26.07) was breached today and offered little resistance as the close of the day 25.93 evidence a possible shift in sentiment. The 8 sma (24.53) may be tested several times and will need to continue to hold as possible intermediate support next week to confirm the shift and a possible market pullback. http://stockcharts.com/h-sc/ui?s=$VIX&p=D&yr=0&mn=6&dy=0&id=p12974513307&a=138587146&listNum=1 The weekly chart of the $VIX. http://stockcharts.com/h-sc/ui?s=$VIX&p=W&yr=2&mn=0&dy=0&id=p45199780302&a=148502480&listNum=1 http://www.freetradingvideos.com/vlog/default.asp?category=2 Date: Wed, 29 Jul 2009 08:03:02 +0530 Subject: {GS} Oil & Gas: Noble intent turns ignoble (I-Sec) From: [email protected] </html </html _________________________________________________________________ Express your personality in color! Preview and select themes for Hotmail®. http://www.windowslive-hotmail.com/LearnMore/personalize.aspx?ocid=PID23391::T:WLMTAGL:ON:WL:en-US:WM_HYGN_express:082009 --~--~---------~--~----~------------~-------~--~----~ 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 -~----------~----~----~----~------~----~------~--~---
