Rockhead Posted December 13, 2002 Report Share Posted December 13, 2002 Looking at some 15 day & 30 day Naz charts. Something that I noticed was strong support in the 1366 area... with a possible triple bottom in the 30 day time frame. If one stares at that chart long enough you can see a head & shoulders pattern with 1366 the neckline. So, to me that number looks critical.... Keep in mind failed H&S patterns are strong bad medicine for bears.... So, a pre-xmas wish would be a stong break down through that area. I do not see it today. Maybe Doc's maps will change my mind? here u go.............. Link to comment Share on other sites More sharing options...
HardAssets Posted December 13, 2002 Report Share Posted December 13, 2002 Doc, the 1 day cycle low is in with a swup phase? Just checking... Link to comment Share on other sites More sharing options...
Guest EagerBeav Posted December 13, 2002 Report Share Posted December 13, 2002 Think I'll lay down for awhile, can't handle all this excitment! Besides, eyes are rolling to the back of my head from lack of sleep. Keep the Sool hot, and DOWN! Later. Link to comment Share on other sites More sharing options...
PileDriver Posted December 13, 2002 Report Share Posted December 13, 2002 well at least ewave suggests that 1366 will be taken out soon thus forming the right shoulder. Awaiting Doc's PM take. SG, where the hell are you? Link to comment Share on other sites More sharing options...
roidrage Posted December 13, 2002 Report Share Posted December 13, 2002 We heard this news news about UAL leasing deals here first, about a week ago! We got an aromatic stoolie account of how this aircraft leasing toxic waste was packaged and sold. "And put some stank on it!" rr Link to comment Share on other sites More sharing options...
PDoody Posted December 13, 2002 Report Share Posted December 13, 2002 This may be obvious to all but 50 day ma right around 891 on sp. Doubt they'll let that break today. I'm thinkin hold shorts over weekend gap down on mon or low on tues, then the scam rally if it happens at all. Link to comment Share on other sites More sharing options...
Metamucil Posted December 13, 2002 Report Share Posted December 13, 2002 Meta, your take is opposite of FeedFool's - correct? You mean yields down, prices up? Yep, on the weekly charts, at least. Here's a daily view. Link to comment Share on other sites More sharing options...
Guest Posted December 13, 2002 Report Share Posted December 13, 2002 CBOE Intra-day P/C Spread em... Link to comment Share on other sites More sharing options...
sniff Posted December 13, 2002 Report Share Posted December 13, 2002 thanks Rockhead, yes that is what I was looking at... got a gap to fill or give some gap resistance too. My java charts are a little tedious to post for a quick look. Link to comment Share on other sites More sharing options...
Guest Posted December 13, 2002 Report Share Posted December 13, 2002 starwars.com Link to comment Share on other sites More sharing options...
DrStool Posted December 13, 2002 Report Share Posted December 13, 2002 Here's the question. Are we in a pattern of rolling 5 hour waves, or is the 1 day cycle back? I don't know the answer, but the market will tell us this afternoon. The 5 hour cycle bottomed at 10 AM and is due to peak sometime before 1-1:30. The 1 day cycle, on the other hand, just bottomed and it would tend to be up until 3-3:30. Maybe they'll fight it out and the thing will trade in a 1 point range all day. Eitehr way, I see nothing to get excited about. Link to comment Share on other sites More sharing options...
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